US markets finally questioning whether pump from Trump is factored in

By Trevor Hoey. Published at Feb 23, 2017, in Features

The Dow started in negative territory before eking out a small gain with US markets sentiment somewhat jittery. Both the Fed Reserve and investors have given up trying to second-guess policy changes that may be on the horizon.

More importantly, there is recognition that tax cuts, the easing of regulatory burdens on the financial sector and job creation through government funded projects won’t necessarily materialise in the near term and the impact of such changes is difficult to quantify.

The NASDAQ also reflected this uncertainty, falling from the previous day’s close of 5865 points to hit a low of 5848 points before closing down approximately 0.1%.

The European region was more upbeat as Lloyds Banking Group plc announced a significant increase in profit. However, this was tempered by mixed economic data which pointed to declines in business investment and consumer spending.

However, the FTSE 100 finished in positive territory, gaining 0.4% to close at 7302 points.

The DAX and the Paris CAC 40 gained 0.3% and 0.2% respectively with the former once again pushing above the 12,000 point mark for the first time in nearly two years.

Notably, there was only a small window of about six weeks in March/April 2015 when the index traded above 12,000 points, a record at that time.

If faith in the manufacturing industry outweighs concerns over the Greek debt crisis and Brexit, the DAX could push up to the record high of approximately 12,400 points, which would arguably make it one of the most closely watched indices in coming months.

On the commodities front it was oil that took centre stage with a decline of approximately 1.4%.

Gold held relatively firm, clinging on to the US$1240 per ounce mark as US markets drew to a close.

Iron ore finished slightly lower and base metals were generally in the red.

The Australian dollar gained ground as uncertainty emerged in the US and it is now fetching just above US$0.77.

It should be noted that broker projections and price targets are only estimates and may not be met. Also, historical data in terms of earnings performance and/or share trading patterns should not be used as the basis for an investment as they may or may not be replicated. Those considering this stock should seek independent financial advice.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!