US Election Results: What Investors Can Expect from a Trump Administration

PDF (1,125 KB)

Trump Victory

Vincent Reinhart

Vincent Reinhart - Chief Economist & Macro Strategist

After two long years, the 2016 US election cycle is over and the focus now shifts to how effectively surprise winner Donald Trump can transition from campaigning to governing. While he has the advantage of a Republican-controlled Congress with which to work, in the event, many Republicans kept their distance from their party’s presidential nominee. The Standish view is that the need to succeed will motivate more cooperative behavior from the President than he delivered as candidate. Otherwise, under government by grudge, financial markets would punish poor performance, supporters would squawk, and rivals would become emboldened to criticize. In addition, there are too many positions in a new administration (about 3,000 in total, of which 1,200 to 1,400 require Senate confirmation) to fill on the fly without the help of the Republican establishment.1

1 Maeve P. Carey, “Presidential Appointments, the Senate’s Confirmation Process, and Changes Made in the 112th Congress,” Congressional Research Service, October 9, 2012.

Download PDF for full article

Share This Page