On February 15, 1993, President Clinton previewed his State of the Union message to Congress in a toughly worded speech about how the growing federal budget deficit made tax increases necessary. Financial markets reacted by pushing bond prices up and pummeling stock prices. President Clinton said that the rise in Treasury bond prices was a “very positive” response to his televised speech the night before. How would you interpret the reaction of the financial markets to President Clinton's speech?