Valliere On Wall Street And A New President
“In my opinion, we haven’t seen the markets react at all,” says Greg Valliere, chief strategist at Horizon Investments in a recent USA Today article. “The market still has a sanguine view.”
For now, the stock market hasn’t really reacted to the 2016 presidential race, despite a contentious primary season, punctuated by potential policy shifts by Trump on trade and immigration that could shake markets, such as picking a fight with China over trade or building a wall along the Mexican border or replacing current Federal Reserve Chair Janet Yellen. Wall Street is also facing the ongoing populist challenge fromBernie Sanders, which has kept his anti-Wall Street message in the news and extended Clinton’s fight for the nomination.