Amundi Global Head: 'Sugar rush' to risk assets to continue in the short term

John O'Toole of Amundi discusses how President-elect Trump's policy priorities will affect the Federal Reserve and the U.S. economy. He sees the Fed cutting rates by 25bps in November and December and increasing spending under Trump as pressure on long-term bond yields and the U.S. dollar. He also sees a rally to risk assets likely to persist in the short term.