Understanding The Year Ahead

What’s ahead in 2017? Many of us ask ourselves this question in the first few days of 2017. IML editors created a list in which they have included some of the Bloomberg’s selection of key events for 2017 and links to related its QuickTake guides.

InsMorLo editors selected some U.S. domestic issues and events of 2017. Here they are:

  1. Donald Trump is expected to start delivering on his promises on Immigration Reform, U.S. Trading Policy,  Supreme Court appointment, Energy policy shift and oil drilling in particular, probable change in the U.S. position on Climate Change and much anticipated policy on reducing the budget deficit.
  2. It is very likely that the trade environment and the way many U.S. consumer markets operate to change if relations between the U.S. and China go downhill. Chinese government should be expected to oppose the new Trump administration’s approach to trade and to the world, including the way U.S. would deal with Iran and other Chinese trade partners.
  3. American companies should b disclosing pay ratios comparing the compensation of their CEO to the median pay of employees, in the year starting Jan. 1.
  4. Extreme Sports’ Winter X Games, start on Jan 21 in Aspen, Colorado.
  5. In February judges may rule in a U.S. patent dispute determining who invented the gene-editing technique known as Crispr-Cas9.
  6. Janet Yellen, U.S. Federal Reserve Chair gives the first of her twice a year reports to the Congress.
  7. According to Bloomberg’s, the number of influenza cases in the U.S. typically peaks in February.
  8. In March Elon Musk’s Space Exploration Technologies Corporation (SpaceX) plans to launch – Falcon Heavy – the most powerful rocket since the Saturn V moon rocket program ended in 1973.
  9. Samsung is expected to unveil its Galaxy S8 smartphone in March 2017.
  10. Between April 3 and April 9, the Golf Masters tournament takes place in Augusta, Georgia.
  11. The company that runs the daily London gold auction – Intercontinental Exchange Inc., which – will start trading a futures contract for the metal in the U.S.
  12. In May US College graduates say farewell to school and are expected to start repaying $30,000 in student debts.
  13. OPEC has a scheduled meeting for May 25. By then it will be clear where U.S. stands with its shale oil production. It is very likely that oil prices will continue their slow rise.
  14. The Federal Reserve is expected to release results of its annual bank stress tests in June.
  15. US Open Golf tournament in Erin Hills, Wisconsin from Jun 15 to June 18.
  16. Another NBA season ends with the 2017 Finals. IML projection is that New York Knicks will need to wait at least another year to grab win the league.
  17. July 21 is the deadline that U.S. banks face a for divesting their investments in private equity and hedge funds.
  18. One of the 4 major Grand Slam Tennis tournament – US Open – takes place in New York August 28  and September 10.
  19. In September Apple is expected to unveils its new iPhone and other new technology developments.
  20. On October 13 the annual meeting of the World Bank and International Monetary Fund takes place  in Washington D.C.
  21. November 1st is a date when the American public would be able to judge on President Trump’s promises. If the Affordable Care Act is still in place, its open enrollment period will start and run until January 31, 2018.
  22. A loophole that’s allowed U.S. hedge fund managers to avoid taxes on performance fees parked offshore expires December 31.