There was significant volatility in several markets in the lead up to and during the Trump news conference on Wednesday. This may reflect two aspects: 1. allegations of potentially illegal and immoral actions made against the Trump election campaign team. 2. The lack of discussion on growth related policies by Trump in the press conference; instead he implied priorities are repealing and replacing Obamacare and building a wall on the Mexican border. Both may be substantial distractions for Congress and delay progress on more growth-supportive policies such as corporate tax reform and infrastructure spending. The ... (full story)