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US Election and share markets

11/11/2016

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Image courtesy New York Times
Trump Elected 45th President of the US 
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A remarkable day for America with the election of Donald Trump as the 45th President of the United States – an outcome that few predicted and a scenario that seemed impossible just a few short months ago. Understandably, global markets were exceptionally volatile during today’s trading with the US FUTURES driving markets around the world on the day, but a subsequent recovery. 
A lot of volatility beneath the surface but in aggregate, the market is actually up +2.5% for the week. A remarkable effort really and now focus is clearly on what the economic ramifications of a Trump presidency might be.
The most obvious question now is, what will a Trump presidency look like, and how will the cards settle going forward? 
In the attached article, we look at the economic implications of the election and what this means for markets and you.
We often get the question, what action should I take or am I in the right portfolio in accordance with my strategy? If you would like to discuss the implications in relation to your long term strategy, please contact our office on 03 9846 1099 or [email protected] 
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