The three major U.S. equity indexes were down and bond yields were up across the term horizon on Tuesday, as investors continue to adjust to the reality of a second Trump administration.
"Financial market reactions since Election Day have been fast and sharp, largely recognizing the potential for tariffs, limits on immigration, deregulation, and corporate tax incentives," observes Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute, in an alert issued on Monday.
