For example, legal green cards carriers are being detained and turned away from the United States (see headline below). While staunch isolationists support this move, flexible thinkers recognize that real intellectual talent, a vital resource of every cutting edge economy, pulls from all nations, races, and religions. Much of this talent remains yet undiscovered! If this refugee ban transition from temporary to permanent, a move certain to restrict America's talent pool, it will take away America's greatest competitive advantage, a willingness to get the job by using the best people to do it. Many of today's top intellectual jobs are not held by Americans because they are either unwilling or unprepared to do them.
Any policy designed to control immigration (we have many of them) cannot treat everyone as a threat or the United States, the beacon of governance for the people, will shine less bright or, worse case, be extinguished. Wall Street is watching and getting nervous.
Headline: Trump moves in the past day: Stranded travelers, lawsuits follow immigrant ban
Donald Trump's first week in office was a dizzying one in which the new president appeared to be in perpetual motion, signing 15 executive actions, speaking to 11 world leaders and visiting three federal agencies.
There was no letting up on the action Saturday, which turned into a full working day at the White House, as refugees were stopped from boarding U.S.-bound planes and criticism over the president's latest executive order blossomed.
The order suspends the entry of all refugees to the United States for 120 days, halts the admission of refugees from Syria indefinitely and bars entry for three months to residents from the predominantly Muslim countries of Iraq, Syria, Iran, Sudan, Libya, Somalia and Yemen.
Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.