Equities Rally Not Driven By Trump: Manulife Strategist

The video discusses the so-called 'Trump effect' on the market, emphasizing that the Republican sweep of government branches is a significant factor. It highlights the importance of focusing on economic fundamentals, predicting a positive earnings environment in 2017. The transition from low to high interest and inflation rates is noted as a key change for investors. The impact of oil prices on the Toronto Stock Exchange and the Canadian dollar is analyzed, with oil prices being a major influence. The uncertainty surrounding the Federal Reserve's role under the Trump administration is also discussed, advising investors to focus on fundamentals.

What is the speaker's view on the relationship between oil prices and the Canadian dollar?

How has the shift from President Obama to President Trump affected investor sentiment towards the Federal Reserve?