Strategist Valliere Says GOP Senators to Abandon Trump

The transcript discusses David Frum's heated reaction to Trump appointees and the implications of a recent firing on Trump's agenda, particularly tax reform. Greg shares his thoughts on the potential impact on Senate Republicans and the financial markets. The discussion also covers the volatility in Washington compared to Wall Street, highlighting the ongoing challenges faced by the White House.

What was David Frum's reaction to the recent political event involving Trump?

• He was confused.

• He was indifferent.

• He was heated and critical.

• He was supportive.

What is the predicted impact of the political event on Trump's tax reform agenda?

• It will ensure its success this year.

• It will accelerate the process.

• It will have no impact.

• It is likely to stall the reform.

How did the financial markets initially react to the news of the political event?

• They crashed.

• They showed no meaningful reaction.

• They reacted strongly.

• They surged.

What is the comparison made between the volatility in Washington and Wall Street?

• Wall Street is more volatile than Washington.

• Both are equally volatile.

• Neither is volatile.

• Washington is more volatile than Wall Street.

Despite political distractions, what economic conditions are described as persisting?

• High interest rates.

• Stagnant corporate earnings.

• Moderate growth and inflation.

• High inflation and low growth.