Trillions of Dollars Are at Stake When Trump Speaks to Congress
- Policy specifics seen as needed to sustain election rally
- Reflation trade shows sign of fatigue in stock, bond markets
President Trump Preps Budget, Message to Congress
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Donald Trump’s address to Congress on Tuesday is taking on the importance of a State of the Union speech when it comes to U.S. financial markets.
For investors relying on more than a year of campaign promises of a pro-growth agenda to push U.S. stocks to record highs, the dollar surging and bond yields climbing, the prime-time speech to House and Senate lawmakers couldn’t come any sooner.