Equities moved substantially higher in the weeks following the Presidential election as
the decisiveness of the victory removed some uncertainty around the post-election
political environment and leadership transition. The favorable market backdrop is fueling
optimism for a “Santa Claus” rally to cap off what has been a strong year for equities.
Despite this optimism, however, questions are emerging regarding potential Trump
administration economic policies and the upcoming mid-December Federal Reserve
interest rate decision that could represent possible hurdles for investors to clear going
into year-end.