If there’s one word that characterizes 2016, it’s drama. That goes for last year’s politics, sports and even investments—last year, almost every corner of the global financial market experienced some kind of dramatic reversal, from U.S. stock markets to global bond markets, from crude oil prices to gold prices.
Here are several items that would be impacted by a full repeal of the ACA. It’s important to note that the replacement plan Republicans want to introduce does not yet exist. It’s very possible that some of these provisions could return in whatever replacement plan is ultimately proposed.
Based on the little substance that emanated from the presidential campaign, it is almost impossible to game the precise market and economic policy implications of a Trump presidency. What there is to guess at suggests possible gains for the financial sector, companies leveraged to infrastructure, and healthcare companies, should there be dramatic reform to the Affordable Care Act.
In their latest piece, Rob Arnott and Brandon Kunz of Research Affiliates take a look at how the rare combination of exceptional valuation levels, depressed currencies, and powerful price and economic momentum should encourage long-term investors to “throw their hats” into the emerging markets rink.
Introducing a four-part series on the growing, and welcome, changes in fiduciary responsibility for financial planners worldwide, starting with a look at the latest DOL rule.