Broad-brush prognosis based on several strategists is that US equities are seen as a clear winner, but the outlook for Asian equities is less clear
DONALD Trump has chalked up a decisive win as US president-elect, with a majority for the Senate and a slim edge to date for the House of Representatives.
What does this mean for markets and portfolios?
Here’s the broad-brush prognosis based on several strategists’ reports – US equities are seen as a clear winner, thanks to pro-growth policies expected to boost the US economy and earnings. The outlook for Asian equities is less clear, given the expectation of higher tariffs and a stronger US dollar.
