The early days of a new U.S. administration can cause investors to be apprehensive as agendas and policies are unveiled. It is not unusual to have financial market volatility during this period as investors weigh the potential impact of these announcements.
However, rather than adopting a standard policy transition with coordinated tactics, this administration’s antics (instead of tactics) feels more like a circus act, forcing investors to juggle conflicting news almost daily.
For a more comprehensive analysis of the fourth quarter and our outlook, we invite you to read our latest issue of SIA Perspectives.