"The first 100 days of a presidential administration has long been considered a benchmark for presidential performance. And as the Trump White House approaches the 100-day point, Wall Street is giving passing grades to the populist president.
The Standard & Poor's 500 index is up nearly 6 percent since Trump took office. And interestingly, the market is being carried by sectors that were not expected to get a boost from a Trump White House.
From a sector perspective, financials – often tied in as a potential sector winner in a Trump presidency – were up only modestly, signaling a pause in interest rates from rising further and doubt surfacing about regulatory reform, says Mason Williams, chief investment officer at Coral Gables Trust Co., a South Florida-based wealth management firm."
http://money.usnews.com/investing/articles/2017-04-17/wall-street-gives-trumps-first-100-days-a-passing-grade
The Standard & Poor's 500 index is up nearly 6 percent since Trump took office. And interestingly, the market is being carried by sectors that were not expected to get a boost from a Trump White House.
From a sector perspective, financials – often tied in as a potential sector winner in a Trump presidency – were up only modestly, signaling a pause in interest rates from rising further and doubt surfacing about regulatory reform, says Mason Williams, chief investment officer at Coral Gables Trust Co., a South Florida-based wealth management firm."
http://money.usnews.com/investing/articles/2017-04-17/wall-street-gives-trumps-first-100-days-a-passing-grade