Interesting article. Not sure how it went from bonds to #Trump, but certainly, Donald Trump had conversations with Russia and with key Russians banks. The author does not seriously contest that truth, does he? He may. Oh well.

As far as bonds are concerned, Wall Street will only lose to high interest rates if the bonds can't be sold. The author has not proven that the bonds in question are losing demand. The new normal sucks in many ways, but Trump is not the guy to make it go away unless maybe he blows up the world in wars. If that happens, Wall Street will profit another way, and maybe it will offset the loses on bond derivatives and maybe it won't.

That is just my two bits.

If #Trump's failure to repeal and replace #ObamaCare is any indication, I would say you are probably right.

My bet is that most of those in his party despise #Trump. The rest are probably jealous/incredulous that he actually won. I think most would probably get behind him if they had more faith in him and his agenda. But his instability always risks blowing back on them.

I doubt if President #Trump has a one-trick-pony agenda. The real issue is, I believe, whether his party is behind him 100% in order for him to implement his ambitious plans. So far, I've seen no evidence of that in the House and Senate.

#Trump wants to tax dollar store customers to make the economy go. That is, on any level, simply ridiculous. The three trillion is pure speculation. People deserve to lose on that bet because there is simply no real guarantee that Trump's plan to bludgeon imports will work anyway.

Excellent article, and the last sentence sums it up well: "The #Trump Administration is more about unilateralism than isolationism, but its unilateralism may find it more isolated." 'America First' does not necessarily equate isolationism, but rather forces decisions to be viewed through the lens of "does this actually benefit America."

#Gold always does well in uncertain times and there's never been a more "uncertain" president than #Trump!

True, but #Trump does deserve some credit for the speech last night. He may not have written it, but he learned to not go off topic with horrific rants and untruths.

"Humble is a word that is not in #Trump's vocabulary...." That's an understatement! But I enjoyed the article and comments.

Thank you for the thoughts, So far market thinks #Trump is doing fine.

Interesting and good analysis. Given the word is #Trump is trying to Democrat the Republicans into mass deficit spending the hopeful market will dream of fiscal stimulus on top of the absurd financial stimulus. So much for Trump deriding the Obama bubble. It seems like he wants to make an even greater one.

Humble is a word that is not in #Trump's vocabulary.

The more dysfunctional the Congress and Trump become, the more likely we will bounce around zero growth. The incoming data, so far, shows nothing to support the level of euphoria.

I agree with you that the market is assuming a lot of promises that may never come and probably won't come without a cost. However, the market has been assuming lies for years before as well. How long has the market been expecting robust growth to resume, low interest rates to grow the market, high housing prices to excite massive home building. We got a asset bubble and that's about all.

Sadly #Trump eluded to asset bubbles, Federal Reserve games, and fake employment before he was elected and now that he is elected seems to have co-opted all this. Inevitably, it will blow up unless fed in even greater amounts. We will see if he will continue the bubble with taxpayers money and Fed games or will let it end. In reality, it is best to let it end quickly so you will come out of the dip before 4 years and a new election rolls around.

Sadly, the market and most people assume he will be just like all other politicians. Let the bubble keep growing and hopefully it will blow up on the next President. For shame, its the American people and the kids who suffer this type of political behavior.

Can #Trump unilaterally enact a #tariff on his own?

Very well done. You've summed up a complex issue rather well. I believe #Trump wouldn't think twice about direct protectionism. He seems to have no qualms about instituting punitive tariffs on #China.

#Trump isn't the only one being affected by the boycott movement. Numerous companies such as Burlington, Nordstrom, Sears, Kmart and others have stopped selling #Ivanka's retail products in their stores.