Faculty Publications

Title

Will the Fed Put Coal in the Stockings of Equity Investors?

Document Type

Article

Publication Date

12-10-2016

Abstract

Euphoria has characterized the equity markets since the surprise election of Donald Trump. Most analysts, including me, predicted a sharp slide in stock prices and increased volatility if Trump captured the White House. Instead, since the market close on Election Day, the S&P 500 index value has risen over 5.6%.