2017?
by Jim McElroy, jmcelroy@argentfinancial.com
Summary
A calendar-year forecast for 2017 is even more difficult than usual because of the uncertainties accompanying the new regime in Washington
Proposed tax reform, deregulation and fiscal stimulus could be good for the economy
Despite Republican control of Congress and the White House, there is no guarantee that such reforms will occur
Potential trade wars and the ballooning deficits from unfunded military and infrastructure spending are significant risks
Interest rates and inflation will need to be monitored closely
The strengthening of the dollar has beneficial and detrimental effects to the U.S.
Despite the uncertainties, we are positive in our outlook and expect equities to outperform cash and bonds
Click here to read the entire article.