Despite the political uncertainties brought on by November’s presidential election results, 2017 is shaping up to be a positive year for both the economy and the markets, according to Baird’s 2017 Economic & Stock Market Outlook report.

The path for sustained growth has already been planted under the current administration, and 2017 will most likely stay the course.

While there have been some decreases in job creation in 2016, this is mostly from the limited number of available skilled workers rather than a lack of opportunities. This is emphasized by the acceleration in wage growth and the number of job openings now at near record heights.

Republican control of all levels of federal government also promises to usher in major tax and regulatory reforms, increasing the confidence of CEOs across the board.

However, the report emphasizes that increased stock market volatility and global economic and political issues could undermine this positive outlook.

Read the entire report below or on Baird’s own news and insight page here.

Robert W. Baird’s 2017 Economic Stock Market Outlook