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?
Surprisingly the S&P’s utilities sector was near the top of the heap on a total return basis (3.66%)
“It’s a very small sector, but they’ve done reasonably well considering utilities is not a very exciting sector,” said Perera.
“These companies do well when interest rates go down so if we think inflation is going to be well behaved, that could be an interesting environment for them.
“However, I wouldn’t expect an enormous amount of growth there we see some additional deregulation from the Trump administration. The sector is not at the top of his priority list.”
Tags: Donald Trump | Investment Strategy | US
