How Trump tax cuts, monetary policy are driving stocks, Dow turbulence, and rollercoaster volatility

Investors and Wall Street finally looked at the bigger budget deficits and are getting nervous.

Deficits, Treasury yields, higher interest rates, and tighter monetary policies. These activities after years of help by central banks are what’s pushing the plunge in stocks and market tumult.

In this article on the Phoenix Business Journal Feb. 6, 2018:

I think what’s happening is we have this big tax cut and that’s going to blow up the deficit. How are we going to pay for the deficit? Either we are going to borrow the money or print the money.&nbsp

— Clinical Associate Professor of Finance Geoffrey Smith.