John Eade, Chairman and President at Argus Research points to key takeaways from the last week’s Trump speech and the markets/sectors that could do well this year.
Find out why Eade doesn’t see interest rates in the US going higher in the long-run
Key points
Trump’s tax cut plans unlikely to yield a revenue neutral budget.
One way to finance budget is to issue ultra-long bonds (say 100-years) and lock-in the money at low interest rates
Pharma sector: Focus on innovation that ultimately reduces medical bills
February payrolls: Another strong number likely
Pick of the year: defence sector
#US, #markets, #investing, #trading, #macro, #fundamental, #fiscalpolicy, #monetarypolicy,#Fed, #centralbanks, #interestrates, #stocks, #equities
