We live in a democracy that provides freedoms and liberties to its citizens. Linked closely with our democracy is capitalism, the exchange of goods and services for a profit. Since the 1930’s, a consistent hallmark of our form or capitalism has been free markets which have reasonable government regulation to protect market participants.
The early optimism that President Trump would be able to reinvigorate domestic economic growth has faded as Congress struggled to pass health care legislation and confusion exists around Trump’s political agenda.
Capitalism and democracy work together to power economic growth and sustain our standard of living; capitalism, with all of its faults, is still the best generator of investment and human capital in the world.
In order to make sense of what is taking place in our economy, capital markets and even our society, we are working within a paradigm in which we assume that our form of democracy and capitalism is changing at a more rapid pace than before.