RBC Explains Today’s Rush To BTFD

After plunging 150 points on Syria airstrike headlines overnight, Dow futures have retraced much of the losses this morning as any shift in the investing landscape towards ‘risk-off’ appears to have been dismissed as the Buy-The-F**king-Tomahawk-Missile-Launch-Dip’ers are back in force betting on the success of the administration’s tax reform, or stimulus, or earnings, or hope. However, Gold prices remain elevated leaving some trace of doubt about President Trump’s actions.

This post was published at Zero Hedge on Apr 7, 2017.