We’ll Have To Wait And See.
Wednesday was one of those days where everyone was still kind of trying to figure out what to make of the previous session and today that meant pondering the future for various assets under a scenario where 10Y yields in the U.S. continue to rise. Here's what $643 billion in AUM thinks: Basically, Trump's foreign policy mantra applies: "we'll have to wait and see." TRUMP SAYS `WE'LL HAVE TO SEE' WHETHER N.KOREA MTG WILL HAPPEN All-time highs for small-caps: Don't ask "Main Street"
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Apparently, Trump’s approach to foreign policy is similar to Pelosi’s approach to healthcare policy.