One always needs to tweak the current forecast for unknowns. Enter the Trump administration and the general “animal spirits” that have been released as it pertains to expectations for lower taxes, higher government spending and job growth. So how much are those “animal spirits” – a phrase made famous by John Maynard Keynes to describe human emotion that drives consumer confidence – priced in? That’s the subject of our recent piece: “Markets are overshooting reality. It’s time to get defensive” – Read the full article online at The Globe and Mail here.