Keen On Retirement

2017 Outlook Revisited: Is the Trump Rally Losing Steam?

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Sinopsis

The 2016 presidential election was filled with uncertainty, including how a President Trump or a President Clinton would affect the stock market. Last summer, when we discussed the potential impact of the election on the broader economic picture, many experts believed that Donald Trump would be bad for the markets. That prediction seemed to bear out on Election Night: as Trump's odds increased, the futures market decreased. But then, around 2:00 am, a funny thing happened. The market flipped. And we've been riding a Trump rally ever since. On today's show, we discuss the Trump rally and the market outlook for the rest of 2017.