Insights

Stocks Rise as the U.S. Dollar Slides

Portfolio Manager Paul Nolte commented on the changes in the markets.

“I’m sure some of (the move in markets) is related to that, and the fact that Trump is going to be out of the country and nobody’s quite sure what he’s going to do,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago, speaking of the latest headlines from Washington.

“We’ve got two days now to wring our hands about what might happen,” he said, adding that the stock market didn’t seem too concerned at this point.

See the full article here:
http://www.nydailynews.com/newswires/news/business/dollar-slides-trump-concern-stocks-rise-article-1.3178125