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Stock market can ignore Cohen and Manafort for now, says UBS

Markets will likely shrug off the latest US political revelations unless they put Trump back on the trade warpath

Michael Cohen, President Donald Trump's former personal attorney and fixer, exits federal court in New York City
Michael Cohen, President Donald Trump's former personal attorney and fixer, exits federal court in New York City Photo: Getty Images

Welcome to the longest bull market in history, though it may not look like much of a party this morning, writes Barbara Kollmeyer for MarketWatch. 

Wall Street is sagging a bit at the start after two of Trump’s top one-time aides were rung up on charges late Tuesday and one pointed the finger at his former boss. The headlines are likely to be a distraction for investors.

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