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1.Market Observations, 8.Was Sticky

4 Mar 2017 (AFR) – Donald Trump’s big test: delivering for market bulls

(4 March 2017, AFR, p8, by John Kehoe)

‘Donald Trump’s uncharacteristically conciliatory speech – at least compared with his past brazen performances – to Congress this week cheered bullish investors and wowed political pundits. But a cold hard reality remains; actions speak far louder than words. “Watch what we do, not what we say,” president Richard Nixon’s attorney-general once famously said. However toned town and cloaked Trump’s nationalist message to lawmakers was on unifying the country, the hard yards of passing legislation are in front of the untested new President.’

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