We have now had a day to digest the “shocking” result of the election. Essentially every model deployed by Wall Street was wrong on the outcome of the election. Worse, their predicted reaction by the market should Donald Trump win was also completely wrong. I do not know
All year I’ve said the economy is looking decent (not heading into a recession….yet) with two major possible events changing that view — the outcome of the election & the decisions made by the Federal Reserve. It seems we’ve been on a “pace
Last week we addressed the concept of a “wave” election (a single party wins the White House & takes at least 20 additional seats in the House & wins at least one extra Senate seat). This type of “mandate” tends to lead to a bold president
By far the most common question during our recent round of seminars was, “what impact will the election have on stocks?” We addressed this in our ‘What Really Matters’ Podcast this week (click here to listen). Goldman Sachs also provide some data on the historic impact
Things are getting interesting out there. The market SHOULD be rising strongly.
The 4th Quarter is by far the strongest of the year historically.
Wall Street’s favorite candidate appears to be running away with the presidency.
Earnings are expected to increase for the first time in 5 quarters.
The
