Monday, April 24, 2017

Are You More Confident Or Less Confident That Trump's Budget Will Pass?

Even though we all know that some poll numbers are fake news, as market participants we have to pay attention. Why? Because if poll numbers are high, Republican colleagues want to ride the wave and put in more effort to work with the president. But if poll numbers are not high, then negotiating could get tougher. Fellow Republicans may then feel emboldened to take a side even if it doesn't agree with the president. And when the president says Obamacare's repeal needs to happen first, that matters to markets.

See Full Report