Expect volatility and tax cuts: three advisers on Trump’s victory
Trump-lite or triple strength Republicans? Expect pro-business, tax cuts and slashed spending.
We expect there to be more volatility in light of the fact that people have changed their view of the world in light of this new unexpected event. But is it terrible news for the stock markets or asset prices? No, they are not correlated at all.
There is little correlation between what happens right after a presidential election and when you have a new president compared with when you have an incumbent party coming in.
I actually do not think it is all bad news. Trump is pretty pro-business. He is looking to lower taxes and looking to repatriate American profits abroad and based on these things there will be more investment in the US. That is if he can push through everything he says he is going to do.