WrapManager's Wealth Management Blog
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JP Morgan: The Importance of Immigration

Posted by WrapManager's Investment Policy Committee

March 14, 2017

In the early days of the new administration, no issue has been more controversial than immigration. The president’s statements on building a wall on the U.S.'s southern border, his actions on banning travel from specific countries and his heightened focus on deporting illegal aliens have generated a negative response from his opponents and a positive reaction from some of his supporters.

As with our entire 100 days of change series, we will try to steer clear of political arguments. Policies in this area do have significant implications for both the economy and, ultimately, financial markets. So what actions has the president taken and advocated, how might these affect both illegal and legal immigration and what could this mean for growth, inflation and investment returns?

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market perspective JP Morgan JPMorgan Asset Management immigration Money Manager Commentary