A lighter regulatory approach to the US financial sector is more likely in the wake of Donald Trump's election, says AllianceBernstein's chief investment officer of concentrated US growth James T Tierney Jr.
Speaking in the above video, which continues Professional Adviser's Architas Advent Calendar counting down to Christmas, Tierney discusses his post-election view on US equities and why 2017 will see the repatriation of 'trapped' cash from overseas and an increase in infrastructure spending. He says: "Trade was one of the most divisive issues in the election with Donald Trump talking about building a wall and protectionist-type policies. "I think we have to differentiate between campaign rhetoric and the actual intention of what the Republican Party wants to do. I'm not sure it's good ...
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