Intraday Update: Dow Drops 75 Points as Policy Gets Made on the Fly

And then there's the departure of Rex Tillerson as Secretary of State this morning. Wells Fargo economist John Silvia calls it "nonlinear policy making," and that seems as good a description of it as any. It might not be an easy environment for capital-allocation decisions—but it shouldn't come as a shock.
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And then there's the departure of Rex Tillerson as Secretary of State this morning. Wells Fargo economist John Silvia calls it "nonlinear policy making," and that seems as good a description of it as any. It might not be an easy environment for capital-allocation decisions—but it shouldn't come as a shock.