Cumberland CIO Says Markets Want Tax Cuts From Trump

The transcript discusses the market's indifference to deficits, focusing instead on tax cuts and repatriation bills. It highlights the disconnect between market expectations and government policy, noting the potential impact on the stock market. The anticipation of President Trump's upcoming plan in Congress is mentioned, with concerns about clarity and potential market reactions. The transcript also addresses distractions in policy-making, particularly in tax policy, due to other political issues.

What is the market's general attitude towards deficits according to the text?

How does the text describe the disconnect between experts and the general public?

What factors are mentioned as necessary for the stock market to rise significantly?

What concerns are raised about the upcoming speech to Congress?

What is suggested as a distraction for key players in tax policy?