President-elect Donald Trump meets the press Wednesday, but markets are unlikely to get the details they are looking for on his corporate tax plans or fiscal spending program.
The topics are more likely to be the ones that have been making headlines.
"The big ones are Russia and conflicts of interest," said Greg Valliere, chief global strategist at Horizon Investments. "Number one is going to be conflicts of interest. There's so many juicy issues with his business ties and his kids. There will be lots of questions on conflicts and then Russia. Three would be Obamacare."
Michael O'Rourke, chief market strategist at JonesTrading, said Trump could create stock market volatility around the 11 a.m. event, his first news conference since the election.
"There's not much of what he's saying, in my mind, that looks like it's going to shape policy or be really meaningful. I think the market has priced in a lot of optimism related to his platform and what he wants to achieve. He's not president yet, so we're still ahead of ourselves. There's so much execution risk. We'll have to see," said O'Rourke.
Reference: CNBC
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