It’s often said that hope isn't an investing strategy to live by. Yet most — if not all — of the post-election stock market gains and run to new highs have been built on hopes Donald Trump’s pro-growth, “America First” economic policies will morph from talk to reality and deliver benefits.
“The rally is based primarily on hope, since no one knows the specific policies and legislation that will be proposed or implemented,” says Kate Warne, investment strategist at Edward Jones.
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