Simon Doyle

As 2017 looms, investors are questioning the role of central bankers and their ability to reignite growth. US President-elect Donald Trump, meanwhile, is promising fiscal stimulus. The shift of focus from monetary to fiscal policy has driven US stocks to record highs, sparked a sell-off in bonds and yield-orientated sectors on stock markets and heightened expectations that inflation will accelerate. Given the extent and length of time that monetary stimulus drove markets in recent years, investors can expect these trends to continue through 2017. (VIEW LINK)


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