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BNP Paribas Asset Management chief market strategist Daniel Morris joins Catalysts to analyze current market (^DJI, ^IXIC, ^GSPC) dynamics.
"What we're still seeing is a change in expectations from what most people probably had prior to the election," Morris tells Yahoo Finance. He observes that this shift has been "a help for the markets," with volatility indicators suggesting increased investor confidence.
Morris emphasizes that final decisions on corporate tax policy ultimately lie with Congress. While the specifics remain uncertain, he suggests that tax policy changes are not imminent and considers them to be "a more distant factor for the markets." Instead, he highlights tariffs and immigration as more pressing market concerns in the current economic landscape.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Angel Smith