Stock market cooling off from the 'Trump bump'

Wall Street has muddled through a bumpy 2018, with the economic optimism that drove major gains during President Trump's first year in office steadily eroding.

Stocks have seen rampant volatility this year, in part because of rising trade tensions and growing questions about the outlook for the U.S. economy. While major U.S. stock indexes are still priced well above what they were before Trump took office, they've fallen close to 10 percent from their record highs.

The picture was very different last year, when excitement for sweeping U.S. tax cuts and increases in corporate earnings fueled a massive stock surge dubbed the "Trump bump."

Analysts generally see the white-hot stock market frequently touted by Trump as coming back to earth.

http://thehill.com/policy/finance/382027-stock-market-cooling-off-from-the-trump-bump?userid=229233