The outlook for the equity income sector as a whole in 2017 (and beyond)
depends largely on future interest rates — how aggressively the Federal
Reserve raises short-term rates.
Expectations coming into the year have focused on the possibility of
economic growth due to President Donald Trump’s plan to stimulate the
economy via a combination of tax cuts, regulatory easing and
We can expect the market to keep viewing the new administration’s words
and actions through an economic growth prism.
Although stocks are on the pricey side after the post-election run-up,
we see more upside potential under the right circumstances.
While we start 2017 with an optimistic outlook, particularly for the
U.S. economy and equities, we are paying attention to a number of