Is the Trump Rally Stealing Gains From the Rest of 2017?

Investors may be enjoying the Trump rally, but the surge since Election Day is siphoning off returns from the rest of 2017, said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management. Schutte said investors should stick with large caps because they will be better able to handle rising interest rates. From a style standpoint, Schutte leans toward value and at the sector level, he finds financials attractive despite their rapidly rising valuations.