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?
Healthcare was the third best performing sector in terms of total returns, delivering 3% to investors.
Initially a ‘loser’ in the early days of the new administration, the sector “has recovered since January’s inauguration as investors’ concerns over the effect of increased focus on pricing within the sector have diminished, particularly following the president’s recent failure to garner enough support for a bill to repeal and replace Obamacare,” said Park.
Tags: Donald Trump | Investment Strategy | US