US markets will adjust to new investing order in week ahead
Donald Trump's surprise victory in a tight presidential election defied Wall Street expectations, not only regarding who would lead the country, but the market's reaction to that leader. Instead of latching onto the uncertainties, the market vaulted higher on the president-elect's promise of changing the tax code and launching a huge spending program to stimulate the economy. Interest rates rose and market talk turned to inflation and higher growth. Trump's transition will be a big focus for markets in the week ahead, and of particular interest will be any guidance on whom he plans to name for key Cabinet jobs. Some of those names could be market moving, given the emphasis during the campaign on things like trade and deregulation. There is also a busy economic calendar, with the highlights both
Tuesday's retail sales report and CPI inflation data Thursday. The retail sales data and also the comments from merchants, who report earnings during the week, could provide important insights into how consumers weathered the election season. Retailers reporting earnings include Home Depot on Tuesday, Target on Wednesday and Wal-Mart on Thursday.
Donald Trump's surprise victory in a tight presidential election defied Wall Street expectations, not only regarding who would lead the country, but the market's reaction to that leader. Instead of latching onto the uncertainties, the market vaulted higher on the president-elect's promise of changing the tax code and launching a huge spending program to stimulate the economy. Interest rates rose and market talk turned to inflation and higher growth. Trump's transition will be a big focus for markets in the week ahead, and of particular interest will be any guidance on whom he plans to name for key Cabinet jobs. Some of those names could be market moving, given the emphasis during the campaign on things like trade and deregulation. There is also a busy economic calendar, with the highlights both 
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