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WALL STREET INSIGHT

2017 markets await Trump's pro-business policies

Dow Jones finished 2016 with a gain of about 14%, close to 20,000 level, and it looks like a tough act to follow

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For Mr Trump and his cabinet, it will be tough to live up to the market's expectations, no matter how corporate-friendly their policies are. Strategists say many sectors, such as industrial and financial stocks, are already pricing in drastic spending increases and regulation cuts.

THE running joke in liberal circles is that 2017 can't be any worse than 2016.

For the stock market, however, it's hard to imagine 2017 being any better than this year.

The Dow Jones Industrial Average finished the year with a gain of about 14 per cent, the biggest since 2013,

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