Wall Street Gets Hit by Trump’s Economic Policy Fire Hose

“Threats to Fed independence, a $200 billion mortgage bond purchase, a possible cap on credit-card interest rates and more didn’t stop stocks from hitting records,” Axios reports.

“The fire hose of policy from Washington hasn’t shaken investors, yet, who are happy to keep their eyes on the AI prize… While the Trump administration is ratcheting up policy announcements that could impact markets and the economy, investors are still struggling to look away from the AI trade.”