CalSTRS Chief Investment Officer Chris Ailman appeared on CNBC on Wednesday to talk about interest rates and the markets reaction to Trump’s win.
He said this about markets currently:
“Wall Street’s gotten very excited about a change in government, but we haven’t seen anything yet,” he said. “I think the markets have gotten a bit ahead of themselves. I like the trend, but I think we’re going to see more of a flat market once we get past January.”
Video credit: CNBC