Market Pulse
The first two weeks of Trump administration have not been without controversies. Even though any new administration has growing pains and takes the time to settle down, particularly one that is relatively unconventional, the events provide a flavor for things to come.
One thing is clear. President Trump wishes to hit on his campaign promises, including some of the controversial ones, right away.
This means that the travel ban is just the beginning, and there will be more such controversies in the months ahead. Controversies can unsettle the market, leading to enhanced volatility. That is what we believe investors have to be prepared for in the upcoming months.
But controversial policies by themselves do not derail a stock market.
In the past we have discussed the three key supports for the market - Earnings, Economy and Monetary Policy - including in the article titled, The Return Of The…
