Lazard Chief Market Strategist Ron Temple on CNBC's Money Movers
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On November 21, Lazard Chief Market Strategist Ron Temple appeared on CNBC's Money Movers to discuss key insights surrounding post United States election market trends and the potential economic impacts of deregulation announcements, immigration policies, and tariffs prioritized by the new administration.
On the burst of market optimism following the election, Ron stated "It does [make sense]. One thing I would caution, as I looked back at 2016 versus today, is that in the eighteen months before the election in 2016, the market was up by 1%. The eighteen months before this election, up 40%. So, you've got to be a little careful here....we've been running on fumes for a while....let's make sure we don't get over our skis. But I think there's still room because there is going to be different winners and losers under the new administration."
Click here to watch the full segment.