InnOvation Capital & Management, LLC
IntelDigest
LAW – POLICY – FINANCE – MARKETS
INFORMATION FOR THE ENTERPRISE AND INVESTOR
APRIL 19 , 2017
Contact Richard Power with comments or questions. IntelDigest is intended for the use of our clients and colleagues. Material may not be reproduced, forwarded or shared without express permission.
IntelDigest will be very short this evening, as we take time to contemplate the economic landscape for the remainder of the year. Markets seem to be making a turn, and this is a crucial moment for American investors.
It is important that we deliberate on the way ahead, so that we can offer as clear a roadmap as possible for our clients and colleagues. So, after a brief account this evening of the troubles in our path, we will produce an expansive study for next week on the best course ahead for protecting our assets.
The Bull Market
It is clear that the “Trump Bump” or “Trump Bull Market” has petered out. Prospects for decisive action in the areas of Tax Reform, Regulatory Reform, and Infrastructure Renewal have waned. The President and his men seem to be oblivious to the likelihood of coming battles over the Debt Ceiling and government shutdowns.
Little progress has been made in the First 100 Days. Will it be possible … even by the end of the year … to make good on promises for economic growth?
Investors are no longer buoyed by President Trump’s audacious pledges, and are dialing back their expectations. It is likely that the stock markets have attained their apogee for the near-term.
So, what do you do, as an investor?
For our next issue, we will construct a thesis for the markets going forward, and posit a timetable for government action on the economy through the end of 2017.