A New Trump Administration Is No Reason to Change Investing Plans
Briefly

"The U.S. stock market is booming... Stocks have reached new highs, the dollar is strengthening and bond yields have moved up in expectation that Mr. Trump's victory will mean not only accelerated economic growth, but, quite possibly, another surge of inflation."
"Making cool financial calculations about the implications of the Trump triumph... may seem the least of your worries... Regardless of your political orientation, you need a financial plan that you can rely on even in times of stress, particularly for investing."
"If the markets rise or fall further, now that a second Trump administration is in our future? Tax cuts are likely, but Mr. Trump has also repeatedly vowed that he will impose tariffs on China... leading to increased inflation, reduced international trade and a drag on the global economy."
"It's unlikely that the markets have fully absorbed the implications of all the policies Mr. Trump and his allies espoused... it's not clear whether Mr. Trump can enact his most ambitious policies."
Read at www.nytimes.com
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