Focus Shifts On Trump Agenda

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    Now that Donald Trump has assumed office as president of the U.S., focus has begun to shift to parts of his agenda that could prove to be growth depleting, accompanied by ‘bad’ inflation, says Erik Weisman, a fixed income portfolio manager with MFS. In the article ‘Labour And Capital In The Age Of Trump’ at the Private Wealth Canada website, he says in the early days of his administration, his attention has been focused squarely on international trade and immigration, which has created concern among investors. Additionally, there are general concerns that whatever fiscal policy emerges from the new administration will take longer to unfold and be smaller than the markets have priced in to date.