Trump's Political Upset of the Century

Michael Jones is the Chairman and Chief Investment Officer at RiverFront Investment Group, a participant in the ETF Strategist Channel


If Americans are searching for one thing to look upon with pride about this election, it should be that our nation will once again make a peaceful transition of power. Trump’s policy proposals are not very detailed and could be substantially modified in the legislative process. Until we get more clarity on future policy direction, we are likely to encounter more market volatility. However, if we can avoid extended trade disputes with our friends and major export markets (especially Canada and Mexico), then we believe that the long bull market that began in 2009 can remain intact.

Important Disclosure Information:

Past performance is no guarantee of future result.

Technical analysis is based on the study of historical price movements and past trend patterns.  There are no assurances that movements or trends can or will be duplicated in the future.

Investments in international and emerging markets securities include exposure to risks such as currency fluctuations, foreign taxes and regulations, and the potential for illiquid markets and political instability.

In a rising interest rate environment, the value of fixed-income securities generally declines.

Strategies seeking higher returns generally have a greater allocation to equities.  These strategies also carry higher risks and are subject to a greater degree of market volatility.

RiverFront Investment Group, LLC, is an investment adviser registered with the Securities Exchange Commission under the Investment Advisers Act of 1940. The company manages a variety of portfolios utilizing stocks, bonds, and exchange-traded funds (ETFs). RiverFront also serves as sub-advisor to a series of mutual funds and ETFs. Opinions expressed are current as of the date shown and are subject to change.  They are not intended as investment recommendations.

Index Definition:

Standard & Poor’s 500 Index (S&P 500) measures the performance of 500 large cap stocks, which together represent about 75% of the total US equities market. It is not possible to invest directly in an index.