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Scott Shellady: Markets holding breath on Trump

Author
Newstalk ZB Staff ,
Publish Date
Thu, 19 Jan 2017, 2:32pm
Scott Shellady from TJM Brokerage said there was a huge rally in the equity markets after Donald Trump was elected (Getty Images)

Scott Shellady: Markets holding breath on Trump

Author
Newstalk ZB Staff ,
Publish Date
Thu, 19 Jan 2017, 2:32pm

It seems American markets are holding their breath, waiting for Donald Trump to make his mark.

The US President-elect is due to be inaugurated on Saturday morning.

Scott Shellady from TJM Brokerage said there was a huge rally in the equity markets after Donald Trump was elected.

However, he told Rachel Smalley they're now hovering, hanging out for him to show them the money.

"But at the end of the day he keeps getting tapped on the shoulder by the grim reaper of an economy, that has not gotten any better since he was elected, so we're kind of in this limbo waiting for him to be inaugurated."

Scott Shellady fears the expectations on Donald Trump are too high.

LISTEN ABOVE: Scott Shellady from TJM Brokerage speaks to Rachel Smalley

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