Last week, I showed you how powerful the market's post-crisis "narrative," or its overarching driving theme, can be.
Since the November 2016 election, the narrative has revolved around the administration's "Big Three" initiatives: reduced taxes, reduced regulation, and increased infrastructure spending. It's a heady brew that's driven some 13% in gains since the election, and any news that supported the idea of the "Big Three" sent the markets higher.
But... I also talked about how that narrative could be changing - in a big way.
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