'Trump Rally' Taking a Breather, Not a Final Bow -- Analyst

One analyst argues that the 'Trump rally' is only taking a breather before resuming later this year. Plus, he says European stocks have the potential to take off.
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The "Trump rally" has cooled in the past month as gravity -- and perhaps reality -- have taken hold of stocks. But just because the market's post-Election Day surge has petered out doesn't mean the bull run is over, said Joseph Seydl, capital markets economist for JPMorgan Private Bank.

Seydl said he thinks the rally will resume and European stocks have the potential to take off.