Advisers who are taking a fresh look at asset allocation and structuring portfolios after the surprising results of the presidential election should take heart, say T. Rowe Price's market experts.

Two likely outcomes of Donald Trump's victory, tax reform and more deficit spending, are "good for growth," said Alan Levenson, T. Rowe's chief U.S. economist, discussing the investment firm's 2017 Global Markets Outlook at a press briefing in New York.

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