After a long and intense political campaign, the results of the election give us an indication of what we might expect from an investment and tax planning standpoint.
- Better-than-expected Republican results across the board have put the White House, the Senate, and the House of Representatives in Republican hands for the first time since 2006.
- Tax changes are among the early priorities of a new administration.
- From an investment standpoint, lower tax rates and a more favorable regulatory environment are positives for risk-based asset classes such as stocks.
- Initial stock market reactions are positive, while bond markets have pushed yields higher.