April 2017

April 2017

As we enter the second quarter of the Trump presidency, consumer confidence remains high, but it is not necessarily translating into economic activity. US equity indices have priced in significant economic growth that might not be immediately on the horizon. Recent...
January 2017

January 2017

It is not unusual for elections to have an immediate impact on stock prices as optimism is a powerful force in the short-term. Between election day and the end of 2016, the S&P 500 index rose by 4.6%. In the same time frame, it rose by 3.8% for Clinton, 4.2% for...