DONALD TRUMP WINS THE US ELECTION
The moment that we never truly envisaged would arrive has done just that. Donald Trump’s ascension into the White House won’t actually take place
until mid-January, but the preparations are already underway following his barnstorming election victory on early Wednesday morning. It appears that
a new term has already been coined, and that is ‘Trumpflation’. Yields on US Treasuries have soared in the aftermath of the result, in anticipation of
an expansionary US fiscal policy that will drive growth. Funnily enough, the Brexit style sell-off never materialised across the pond, and the S&P 500 is
expected to end the week in the red. Are the markets being too premature however? Read More….