Although often overlooked, the fact of the matter is that stock markets and political events are inextricably linked. Considering that 2016 was undoubtedly one of the most newsworthy years in regards to political upheaval, many traders are wondering what 2017 has in store.
As we move into 2017 it’s clear that there are some common themes dominating the narrative. Understanding the consensus view gives us insights into what investors are expecting from the markets.
The Federal Reserve kept interest rates at near-zero on Wednesday once again. Rates have remained at record zero levels for the last seven years. This was the official line from the Federal Reserve press office: