Quarterly Newsletter

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2016 Q4 Newsletter
December 31, 2016

The fourth quarter (Q4) proved to be turbulent and very positive for equity markets.  The surprising triumph of Donald Trump in the US Presidential Election caused initial concern and uncertainty.  Once the surprise and shock subsided the emergent view was “Trump Will Be Good for US Business”.  The prospect of lower personal and corporate tax rates, an infrastructure spend and a losing of regulations out of disruption in trade agreements, and the likelihood of higher interest rates.  On balance President Elect Trump and his cabinet nominees are viewed as pro-business.

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