John Buckingham appeared on CNBC Street Signs on 2/16/17 and discussed the events in Washington. He thinks that these events have led to heightened uncertainty for investors, yet the markets have moved to all-time highs. These all-time highs are due to the earnings and health of the U.S. economy which continues to strengthen. He calls it a Trump rally or an anti-Clinton rally or an undervalued stocks rally relative to the interest rate spectrum. He thinks that stocks are really attractive relative to the 10 year Treasury. He tries to take a long-term view (3-5 years) and not let things like tweets influence his investing behavior, though the market does sometimes appear to be responding to tweets.
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