Equities climbed, bonds fell, and the so-called fear index, the VIX , began its descent to today's eerily low level. First, Trump vowed on the campaign trail to dismantle the Dodd-Frank Act , which was passed in 2010 to combat the abuses that fueled the financial crisis. Finally, Trump's promise to pour money into infrastructure projects, combined with other initiatives, could spur inflation, which would presumably prod the Federal Reserve into raising interest rates.