As President Donald Trump's administration nears its 100th day, stocks have kept
The bond market, however, still wants proof.
At some point, one of those two big markets will turn out to be right. So far, there's been no big rush of legislation, just executive orders. But there's still optimism that changes are coming.
"I think that the first 100 days is showing me one thing, and that's that this guy, the current chief executive, he doesn't like to give up, so when the alternative to Obamacare was defeated, he didn't agree with congressional leaders that it was done for this year," said Don Townswick, director of equities strategy at investment management firm Conning. "I think he's pushing to get these parts of his agenda done this year, even if it takes a couple of tries."