Trump Completes His First Month as President

Exactly four weeks ago, to the day, Donald Trump took the oath of office and was sworn in as the 45^th president of the United States. HIs election victory will go down in the history books as one of the most unlikely outcomes of any presidential election.

To say that the last four weeks have been interesting, would be an understatement. To say that the last four weeks contained uncertainty, would be an understatement. To say that the United States has become a more polarized nation, would be an understatement.

To say that the financial community (investors and traders) have given him thumbs up, as US equities continue an unprecedented and massive rally, culminating with all major indices moving to new all-time record highs this week, yes, would be an understatement.

Can You Loan Me A Pen?

In classic Trump style our new president, has hit the ground running, signing over 25 executive orders and memorandum in his first 30 days. In fact, according to the Associated Press, president Trump is literally waiting for more pens to sign his executive orders. “It didn’t take long for president Donald Trump to start running out of the custom-made cross pens he uses to sign executive orders” Expecting a shipment of 350 of the gold-plated pens by today, this new administration is probably the first administration to face this dilemma.

Can someone tell the president he won the election?

One interesting facet of this new administration is the fact that President Trump still seems like he is on the campaign trail. This week for example, president Trump held a news conference in which he continued to bash Hillary Clinton, regaling why he is making better decisions than Clinton. Another primary theme of his, media bashing, continues to be a topic of choice. This news conference was followed today by a speech he made at the Boeing Airplane factory which sounded much more like a campaign speech in which he rallies his troops, while simultaneously and continuously patting himself on the back. He will conclude this week by holding a rally (a rally, really?) In Florida.

There is no doubt, President Trump  in his first month in office has greatly magnified and enhanced both the positive and negative aspects of his leadership style and negotiation strategies. The uncertainty factor continues to accelerate, US equities continue to climb, United States citizens continue to be more polarized, and this all within Donald Trump’s first month in office as president.

Love him or hate him, this president moves the needle at the speed of a whirling dervish.

Wishing you as always, good trading,