Opinions

Thoughts on why the market's moving up from economist Doug Coté:

“The markets are not waiting to see the whites of pro-growth economic policy's eyes; it once again is hitting new record highs. The markets are discounting mechanism anticipating change, but a few things are crystal clear now. First, the likelihood of President Trump “raising” taxes is nil; the likelihood of increasing meaningful regulation is nil; the likelihood of pro-growth economic policies eventually getting enacted is high. These probabilities are “stealthily” making their way into market pricing, as in higher”

https://globalperspectives.voya.com/blog/daily/2017/07/25/stealth-trump-tax-cut-0