the immigration reform to make the 16-20 million undocumented immigrants eligible immediately for the federal/state welfare programs.
I think that the market cheers that prospect today.
Suddenly the illegal immigration issue comes to the focus. Why? Because the media made it so.
After American public are saturated with these coverage, Obama's upcoming Executive Order would sounds necessary and reasonable. Cause and Effect .....
Fortunately, we have enough growth momentum in store 2015, it looks like.
This might be the reason why the stock market could move up further.
But we all know what will happen in the end.
Expect the legalization Executive-Order before Labor Day holiday.
Maybe Mr. Dimon simply wanted a rest from this Federal Reserve madness. He should turn off his smart phone for eight weeks. ;-))