Chuck Self quoted in Forbes: “Will The Trump Rally Continue After The Inauguration?”
Posted on: 01/14/2017
Adam Sarhan, CONTRIBUTOR
Writing on investing, trading, capital markets and stocks.
Opinions expressed by Forbes Contributors are their own.
Charles H. Self CIO of iSectors®, LLC, said via email, “The Trump rally is already over. After the election, the three best S&P sectors were Financial, Industrials, and Materials. Over the past month, only Health Care and Technology, laggards in the Trump rally, have outperformed the S&P 500. Given the slow growth economy (as shown in the recent retail sales ex autos report) and the long time it will take to get stimulative legislation passed and enacted (e.g., the ACA repeal and replace process), we do not foresee the “Trump sectors” leading the market in 2017.“
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