With the history books potentially being re-written in the Trump investigation with obstruction of justice and a Trump impeachment a possibility, a report from Keefe, Bruyette & Woods says the real issue for markets is not a US constitutional crisis. “These investigations threaten to continue to distract Congress from policy matters, like tax reform,” the June 8 research report observed, noting that there is still time to push through market-friendly tax policy. Another issue to slip through during the cloud of the Comey firing might be a Dodd-Frank legislative rollback known as the CHOICE Act. But ignore the...
As Trump Investigation Clouds, Clock Is Ticking On Legislative Agenda
Mark Melin
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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.