For America’s industrials, the last few years have been a tough grind. Since the end of the recession, there have been numerous false starts for America’s manufacturing base. We’ve seen trends in onshoring and low energy costs spur industrial stocks higher, only to then fail to materialize.
While these failed trends never deflated the sector, they certainly didn’t keep industrials surging higher either.
But all of that changed in November. It’s now an excellent time to be a manufacturer in America once again. The reason for that is spelled T-R-U-M-P. Since Trump’s surprise election, the sector has been on fire as one of his main talking points has spurred on manufacturing. And, so far, his policies and executive orders have been on point with his promises for manufacturing.
The question for investors now – especially since the run up – is whether this is another false start for industrial stocks.
Find out the impact that Trump’s victory might have on other sectors here.