Legislative Budget Offices and Market Sentiment Impact: The Case of Trumpcare

5 Pages Posted: 2 Jun 2017  

Usman W. Chohan

University of New South Wales (UNSW), UNSW Business School; Critical Blockchain Research Initiative (CBRI)

Date Written: May 27, 2017

Abstract

The analysis of nonpartisan legislative budget offices (LBOs) can have significant impacts on financial markets when issues of pressing fiscal importance are considered as pivotal in the movements of equities, currencies, and fixed income asset classes; and this is exemplified by the Congressional Budget Office (CBO) costing of the American Healthcare Act (‘Trumpcare’). This discussion papers ties the financial market responsiveness to LBO analysis by showing the importance of nonpartisan analysis as an informational agent in market movement.

Keywords: financial markets, CBO, budget, fiscal policy, equities, healthcare, Trump

Suggested Citation

Chohan, Usman W., Legislative Budget Offices and Market Sentiment Impact: The Case of Trumpcare (May 27, 2017). Available at SSRN: https://ssrn.com/abstract=2975800 or http://dx.doi.org/10.2139/ssrn.2975800

Usman W. Chohan (Contact Author)

University of New South Wales (UNSW), UNSW Business School ( email )

Sydney, New South Wales
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Islamabad
Pakistan

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