Donald Trump has been great for TV and the Media industry. Mr Trump has now switched positions on Syria, North Korea and appears to be distancing to the ideas of Steve Bannon.
Doug Kass thinks Donald Trump changing positions could be helpful to his political career. Kass says that Trumps proposed changes to regulations and tax agenda could still happen. And he has a better chance of seeing his proposed policies being implemented specially after Donald Trump's shift to a more centrist position. Trump appears to be breaking many of his extreme campaign promises.
Doug Kass also writes that Donald Trump is now endorsing a weak US Dollar. The side effect of a weak dollar is Inflation and the pressures on Higher Rates.