So says Strategas Research Partners LLC, which argues that equities have supplanted bonds as the market to watch as drama builds around funding the US government. They’re arguably more influential, too, with US President Donald Trump taking credit for the bull market. Cohn was “deeply troubled” by market reaction to speculation he was leaving, the report said, citing people close to him. “The voters have spoken and Trump is the president, but the stock market just votes every day,” he said by phone on Friday. “And the stock market as a voter is what Trump does care about.

Source: Mint August 27, 2017 09:11 UTC