Market’s Blase Attitude to All

Last week, I kid about the needless banter we would see at the G7. I was kidding, but man was I ever right. Our President, uncomfortable with language from the Canadian President, decides to scrap his endorsement of the Communique en route the the Korean Summit.  And the summit! It came, it happened and it went. What’d we get? A pledge. What does that mean? I suppose that depends on what side of the aisle your on. Meanwhile, markets seem not care about any of it or even today’s rate hike!