Chief Market Strategist Brett Ewing of First Franklin said he believes “tax reform may have been the carrot that the market has been chasing on its way up, but a sell-the-news event could occur and a pullback could happen when the bill is actually signed.”

Brett Ewing, chief market strategist, First Franklin Financial Services, discusses tax reform, the impact it has had on asset classes, and whether Trump can claim credit for the market rally.

“Whatever the number is will be shrugged off and given a pass because of the effects from the hurricanes, with a possible exception being on the upside if we get a big number despite the storms,” said Chief Market Strategist Brett Ewing of First Franklin.

Brett Ewing live in the NYC Bloomberg studio with Carol Massar and Cory Johnson

https://share.insider.thomsonreuters.com/link?entryId=0_2ge1202h

U.S. jobless claims may see a spike in the next two weeks in the immediate aftermath of Hurricane Harvey and if Irma hits Florida as forecast, says Brett Ewing, chief market strategist, First Franklin Financial Services. https://www.cnbc.com/video/2017/09/07/us-jobless-claims-may-spike-in-next-two-weeks-on-harvey-irma-impacts.html?play=1

Fiscal policies are needed to get US growth going but Congress isn’t helping https://www.cnbc.com/video/2017/08/06/fiscal-policies-are-needed-to-get-us-growth-going-but-congress-isnt-helping.html

“We believe that both the market and the Fed will be much more concerned with how the balance sheet normalization will go and we expect the Fed to begin the normalization sometime before the end of the year,” says Brett Ewing, chief market strategist for First Franklin Mortgage, in a statement. “It will likely use the remaining two press conferences to focus …

Brett Ewing Chief Market Strategist First Franklin Financial Services Discussing the Fed policy and the possibility of waiting on another interest rate hike until 2018. Bloomberg Markets: Ewing Says Fed Might Not Hike Again in 2017