Wells Fargo's Wren: Market Came to Senses After Election

The video discusses the market's reaction to the U.S. presidential election, noting a slight increase in the S&P 500. It highlights the market's quick adjustment to the potential policies of Donald Trump, emphasizing that legislative changes will take time. The discussion covers investment trends, with money moving into financials and industrials, while some remains on the sidelines. The video also addresses year-end market positioning, suggesting a shift towards a cyclical outlook with expectations of economic growth in 2017.

What was the market's initial reaction to the U.S. election results?

• No change at all

• A major surge in market value

• A slight increase of just over 2%

• A significant drop in market value

Where did the money go that didn't fully transition into stocks?

• Into real estate

• Into cryptocurrencies

• Into financials and industrials

• Into technology stocks

What is the expected economic growth rate for 2017 according to the discussion?

• Around 2%

• More than 2%

• Less than 1%

• Exactly 3%

What investment strategy shift is discussed for year-end positioning?

• Moving towards defensive stocks

• Leaning towards cyclical investments

• Investing in foreign markets

• Focusing on technology stocks

What is the market's focus for the next 12 months?

• Short-term gains

• Potential economic downturns

• Immediate political changes

• Long-term growth prospects