November 29, 2016— On December 4, Italian citizens will vote on constitutional reforms proposed by the government of Prime Minister Matteo Renzi. These reforms would dilute the power of the country’s Senate, making it easier for the Italian government to get laws, including structural economic reform laws, passed through the lower house Chamber of Deputies.
November 22, 2016—Following up on our post from last week, The Transition Begins, as we continue to explore how the new administration will impact the economy and financial markets, we turn to a highly publicized topic, the North American Free Trade Agreement (NAFTA). As a candidate, Donald Trump frequently cited NAFTA as a “disaster” that had hollowed out U.S. manufacturing, particularly in Pennsylvania, Ohio, Michigan, and Wisconsin.
November 17, 2016—Whether it was because of the unexpected outcome or the dramatic shift in policy direction voters favored, the U.S. presidential election of 2016 has brought with it many pending and significant changes. In this and other blog posts to follow, we will explore how these changes may impact the economy and more importantly, the financial markets.