Top Stock Market Trends for 2017
Top Stock Market Trends for 2017
Now that President Trump is in office and his policies are beginning to take place, the stock market should continue to be as steady and predictable as the Golden State Warriors, right? All kidding aside, the world is a volatile place, including our own country where daily protests make headlines round the clock. The stock market has seen some very positive gains since Trump won the election in November, which his administration is wasting no time in taking credit for. However, despite the positive results of late, there are still many uncertainties that will affect the stock market and economy in general this coming year. So, let’s look at just a few of the major trends and themes to keep an eye on in 2017.
It’s worth paying attention to the iPhone maker this year, as the company already reported stronger than expected earnings for its latest quarter. Tax reform could give the company more incentive to bring back cash from overseas and the expected launch of the iPhone 8 could be the largest ever, all of which makes Apple an important part of the stock market this year.
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Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
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