• Donald Trump's election sparked an equity rally and an increase in interest rates, and boosted inflation
• Credit sectors such as high-yield bonds and floating rate loans made a comeback in 2016, as signs of
an improving economy helped attract investors.
• Trump's plans for tax cuts, fiscal expenditures and less regulation could boost growth, but the economy
also could be undermined by protectionist policies.
• Active fixed-income management will likely be of significant value in a bond market characterized by elevated interest-rate volatility.
By downloading a white paper, you are agreeing to have your contact information shared with the content sponsor, who may then contact you.
All white papers posted were created by the listed authors who are solely responsible for the research, finding and all materials contained therein. Pensions & Investments has not verified or edited the materials (other than for length and style) and does not necessarily agree or disagree with the analysis and positions expressed by the authors. Reference to any company, product or service does not imply recommendation or sponsorship by Pensions & Investments.
For more information on submitting a white paper, please contact Richard Scanlon at firstname.lastname@example.org or 212-210-0157.