Economic Insights – January 2017
In the six weeks following our publisher’s November 6th message to Strategic Wealth Advisor subscribers urging them to prepare for the impending Trump victory, the S&P 500 rose 9.25 percent and the Dow rose to 20,000 for the first time.
This “Trump Rally” has many detractors, just like the entire 2009-2016 bull market, which pushed up stocks more than 200 percent. Just as we heard the past eight years, we are hearing it again: “the market has moved too far, too fast.”
This rally, they say is based on nothing mo.....