Post Presidential Election

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January 2017 PCM Newsletter

Posted by: Irvin G. Schorsch III

Surprise! Who would have thought that the election of our new President would have such a dramatic impact on the markets, 60 days before the inauguration? Media and investors alike were not prepared for a Trump presidential victory, Britain's departure from the European Union (Brexit) or the financial markets' reaction to such events. From the vantage point of Wall Street strategists, there is hope, and plenty of it...