In some ways America — and the world — are getting what was expected from the Reality TV President. In some ways not.
While I am not surprised that the core pieces of the so-called Trump agenda are still mere hopes rather than present reality, Wall Street has not cared. Stocks have continued to move higher despite the lack of any progress as well as due to still-huge levels of liquidity in global markets.
In my wide-ranging mid-year Report, I discuss a variety of the factors that have driven things in 2017’s first half — and what I am watching as we enter the back half of the year.