Taking a bigger picture market view we continue to expect markets to remain focussed on announcements made by Trump in regards to appointments in his administration & actual specifics around policies. As this news flow is released markets will react positively/negatively as we move through the end of 2016 and 2017.
Donald Trump’s recent comments & “tweets” around talking to Taiwan and US manufacturing companies have been making headlines as would be expected. Interestingly, Trump’s vows to ramp up infrastructure spending and ease banking regulations are giving a burst to the US Dow Jones Index that’s sending it soaring past the broader market.
While US stock markets remain close to all-time highs, there has been a rout across global bond markets. As we have discussed, U.S. President-elect Donald Trump’s proposed policies such as tax cuts and US$500bn in infrastructure spend are seen as boosting spending and quickening inflation which tr...
Stock Markets, Simplified.