Barry Gilbert, PhD., CFA, Asset Allocation Strategist, LPL Financial Ryan Detrick, CMT, Chief Market Strategist, LPL Financial George Henry Smith, CFA, CAIA, CIPM, Senior Analyst, LPL Financial
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A second term for President Donald Trump would likely feature a continuation of the pro-growth policies from the first term of his administration, and importantly for financial markets, a continuation of the status quo. Markets don’t like uncertainty, and while Trump’s negotiating style has been unpredictable at times, his commitment to lower taxes and deregulation may provide a consistent, market-friendly policy environment. We look more closely at what a second term for Trump could mean for the economy and markets...