The one good thing about Trump's time in office has been the stock market bump. Here's a blurb from Reuters today:


President Donald Trump's promises of tax reforms, reduced regulations and increased infrastructure spending has helped spur equities to record highs.

The S&P 500 is up more than 10 percent and at all-time highs since the election. The Dow notched a record high for a tenth straight session on Thursday, its longest such streak since 1987.

But, with Trump giving scant detail on his plans – including on one on Thursday to bring millions of jobs back to the United States – those gains have come with the markets trading in a tight range.

The benchmark S&P 500 index has not registered a move of at least one percent in either direction since Dec. 7.

"Investors have embraced this oversimplified fundamental story of Trump's impact on the financial market and you're starting to see that narrative unravel a bit," said Aaron Clark, portfolio manager at GW&K Investment Management.

"The market will come to realize that a lot of these pro-growth policies might get pushed to the end of this year or next year and you might have this buyer's remorse for the market."

U.S. Treasury Secretary Steven Mnuchin said on Thursday that any policy steps would probably have only a limited impact this year. Investor will likely get more clarity on Trump's plan on Tuesday, when he addresses a joint session of Congress.

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