The first quarter of 2017 saw a marked rise in investor optimism as expectations of an improving economy drove U.S. markets higher.  The sectors most impacted by an increase in U.S. regulations and a decrease in fiscal spending over the last eight years—financials, industrials, and materials—were the equity market rally leaders following the November U.S. Presidential election. Riggs’ clients were well-positioned for this rally.  Not surprisingly, after such a quick run up in the U.S. equity markets, the markets are …