“An object in motion tends to stay in motion unless acted on by an outside force.”
– Sir Isaac Newton’s First Law of Motion
The Through Line: While meant for moving objects, Newton’s first law applies to trends as well – and President Donald Trump clearly qualifies as the outside force prompting pivots in a wide swath of global trade, security and political alliances. The world is in a tricky spot given the depth and breadth of change introduced in the past two months. Deciphering what endures versus what reverts will require patience and time. For investors, a cast-iron stomach, along with broad diversification, should be helpful as markets are likely to remain roiled until new trends are firmly established.
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