A Trump Bump?

The market reaction since Tuesday night’s election result suggests that investors are keying in on one aspect of Donald Trump’s agenda: fiscal stimulus. Tax cuts for households and businesses are indeed likely to be a feature of the budget for the fiscal year commencing in the fall of 2017. On the spending side, new money could flow for infrastructure and defense. A lighter regulatory climate would also support near-term capital spending.

Economic Insights A Trump Bump?

Scott Madams