Excerpt below:

“In my opinion, many in the markets are becoming inured to the turmoil and turnover in Trump’s White House,” said David Kotok of Cumberland Advisors. Moreover. he notes, the fundamentals underlying the stock market remain unchanged. “Does it impact earnings? The answer is: probably not.”

Pompeo’s appointment comes ahead of a meeting between North Korean leader Kim Jong Un and Trump.

While for the time being it’s hard to say whether Pompeo’s more hardline approach to international politics may be a plus on the negotiating table, there’s one thing chief investment officer Kotok has more clarity on.

“Risks are rising, with belligerency and bullying rising in the international arena,” said Kotok.

Read the full story here: http://fortune.com/2018/03/13/wall-street-inflation-rex-tillerson-donald-trump-mike-pompeo/