Nothing — nothing bad, that is — has been able to stick to these Teflon markets, which have demonstrated an astounding, maybe even confounding, resilience.
- These “Teflon” markets have been perpetually repelling bad news of all stripes
- Market resilience is further bolstered by strong fundamentals worldwide
- Pro-business tax cuts are the elixir that may shift this market into high gear
- Central banks may be unintentionally blocking progress on reflation
- Prudent diversification protects against upside and downside risk