Stocks set for worst 100 day start since Nixon as Trump injects semi-permanent uncertainty
NEW YORK (Reuters) -President Donald Trump's first 100 days in office, set to deliver the worst start for stocks since former President Richard Nixon's second term in 1973, have stoked volatility across markets and created expectations of a semi-permanent state of uncertainty. Expectations for near-term volatility in stocks, bonds and currencies have all leaped higher as investors game out the fallout from a rapidly changing landscape for trade. In early April, the Cboe Volatility Index - an options-based barometer of investor anxiety - closed at a five-year high while FX and bond market volatility gauges also rallied.