Trump Rally Is Over but That Doesn't Mean the Bull Market Is Over

The Trump rally is probably over, according to David Nelson, chief strategist at Belpointe Asset Management, but that doesn't mean the bull market in stocks is over. He said there's a gap between rhetoric and policy and time will tell if some of the factors that sparked the Trump rally, such as hoped-for infrastructure spending and tax cuts, will actually become laws.

Energy stocks in the S&P 500 are down 1.7% over the past month, while financials stocks are down 1.3%.