Donald Trump’s $1 trillion spending plan spurs global bonds sell-off as Dow reaches record highs November 14, 2016 The global bond market is undergoing a massive sell-off as investors weigh the implications of US President-elect Donald Trump’s unorthodox policy proposals. Today the yield on 30-year US Treasury bonds rose above three per cent for the first time since the start of January, owing to fears that inflation will rise once Trump’s policies take effect. [...]
Have you been pleasantly surprised by Donald Trump’s performance since the election? November 14, 2016 Tim Worstall, senior fellow of the Adam Smith Institute, says Yes. Pleasantly surprised is to put it mildly. The sight of special snowflake heads exploding in outrage all around has been hugely enjoyable. According to them, threats to deport 3m illegal immigrants seem to be different from the 3m deported under the Obama administration. The [...]
Trump card: The Dow Jones has hit an all time high after Donald Trump’s win November 10, 2016 If there's one thing markets like, it's certainty. It may have been suggested a Donald Trump victory could lead to recession, then eventual doom for all of humanity – but now the markets have an idea of what they're in for, they're actually pretty cheerful. In fact, the Dow Jones hit an all-time high after [...]
11 times ‘The Simpsons’ accurately predicted the future November 10, 2016 16 years ago, an episode of "The Simpsons" predicted that Donald Trump would one day become US president. And this wasn't the only time the writers have managed to predict the future. "The Simpsons" has been running for over 25 years, so it's inevitable that some themes that crop up in the show might occur [...]
Why oil and gas are big winners from Trump’s presidential victory November 10, 2016 The global financial markets began to crash last night as a Trump victory became more likely, although they regained ground as the results started to clear up. Nevertheless, to say that there is a lot of uncertainty about what happens next is a massive understatement. Asian markets plunged, commodity prices fell, and emerging market currencies [...]
Who are the winners and losers of a Trump triumph? November 9, 2016 The election of Donald Trump by US voters to become the next President was almost entirely unexpected. Here's our initial take on some of the early winners and losers emerging in the aftermath. Winners Nigel Farage Trump fan Nigel Farage has found a kindered spirit in the new President. The Ukipper and Brexit supporter went with a [...]
“We are heading into a world of unprecedented political risk”: Seven investors react to Donald Trump’s victory November 9, 2016 In a poll last week, 80 per cent of financial advisers predicted a Donald Trump victory in the US election would have a negative impact on investments. Just four per cent of the 202 UK independent financial advisers surveyed by Opinium Research said it would be positive. With that in mind, here are the early [...]
How did UK politicians react to Donald Trump’s victory? November 9, 2016 Donald Trump has won the US Presidential Election, and no one is sure how to react. The markets are down, the currency is all over the place and people have woken up in Britain confused and worried about what the future might hold for international relations. And what does this mean for the special relationship? [...]
US Presidential Election 2016: The market says a Fed rate hike is now firmly off the table after Trump’s win November 9, 2016 Before today the US Federal Reserve was on the cusp of hiking interest rates for just the second time since the 2008 financial crisis. Following Trump's shock win last night the chances of that happening are quickly evaporating. Early indications show a revision of a likely rate hike from 80 per cent down to 50 per cent. Analysts [...]
US Presidential election 2016: Global markets “in a bloodbath” as Donald Trump looks set for White House victory over Hillary Clinton November 9, 2016 As Donald Trump looks set to be named President of the US, analysts have issued dire warnings on global markets – with one expert describing a "bloodbath" as the election results roll in. Trump is currently leading the race for the White House with 244 electoral college votes against Hillary Clinton's 215. The Mexican peso, [...]