Best and Worst US sectors during Trump’s first 100 days
By Kristen McGachey, 26 Apr 17
Trump’s first 100 days in office have been jam packed with outrageous tweets, ‘alternative facts,’ a failed healthcare bill and foreign policy blunders. But, what were the best and worst performing US sectors during Trump’s first 100 days?
New data from Financial Express Analytics examining total returns of S&P 500 sectors between President Trump’s inauguration and the present, indicates a sharp reversal of the reflationary trade that dominated markets immediately after the US election.
One of the cyclical sectors that skyrocketed soon after the 45th presidential election concluded, the industrials sector nearly veered into negative total return territory (0.78%) at the 100 day-mark.
The sector’s fall from grace coincides with increased speculation that Trump’s $1tn infrastructure plan will experience further delays and struggle to get off the ground.
Tags: Donald Trump | Investment Strategy | US
