Market Optimism Heading Into 2017

The video reviews the economic performance of the past year, noting improvements in growth and earnings prospects. It discusses market forecasts for the S&P 500, highlighting a modest expected gain. The analysis covers market valuations, emphasizing the U.S. market's relative overvaluation due to strong currency and growth. Finally, it touches on the potential impact of the Trump administration's fiscal policies, which are seen as pro-growth but uncertain in implementation.

What role do currency valuations play in the attractiveness of the U.S. market compared to other countries?

In what ways might fiscal policy changes under the Trump administration impact market expectations?