Bloomberg: ‘Bolton Trade’ Triggers Rallies in Defense and Energy

Bloomberg called upon Ernie Cecilia, Chief Investment Officer at Bryn Mawr Trust, for his take on how markets reacted to the appointment of John Bolton as President Trump’s new National Security Advisor. Ernie explained that the market’s perception is that the appointment of Mr. Bolton could eventually be a positive for defense stocks, given Bolton’s hawkish approach in handling negotiations with other countries.

To read the article, you may access Bloomberg’s website here.