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

5 Pages Posted: 2 Jun 2017

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

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)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )

Rawalpindi
Pakistan

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