The stock market was relieved that the Fed didn't sound tougher, and the stock market seems to figure that everything they like about Donald Trump will come true, and everything they're afraid of about Donald Trump will not come true.
David WesselI think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the government is having a hard time stimulating it again.
David WesselIf you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next?
David Wessel