The Market Is Wrong: Pharmaceuticals Will Rally Under TrumpThe Market Is Wrong: Pharmaceuticals Will Rally Under Trump

By Parke Shall

It certainly looks as though it is shaping up to be an interesting upcoming four years. With the way that the market reacted to President elect Trump's presser yesterday, it is going to be tough to make it through these next four years without the occasional jolt of volatility. We think that the market in general is going to experience a lot more volatility under a Trump presidency it because when he speaks, the market perceives him to mean what he says and the market does not discount the fact that he may not follow through with what he is suggesting. If he says it at a press conference, the market is going to take it seriously and react.

We saw this yesterday when Mr. Trump started off his press conference by making a small statement about pharmaceutical companies. All he said was "they are getting away…