What the Hell Just Happened?

I will start by saying, there is nothing normal about this environment. We entered the year knowing big changes were coming from the White House. When it comes to the massive debt, excess spending and trade, something had to be done. The status quo was simply unsustainable. That said, we certainly did not anticipate the velocity of activity coming from the Oval Office. Clearly the Market didn't either. Our thinking all along was that President Trump cared about the Stock Market, considering it a scorecard for his Presidency. That was certainly the case his first term. This second term has already proven so much different...