‘A recipe for economic uncertainty’: The market implications of a Trump presidency

Investor reaction to Trump’s victory has been significantly negative, with warnings about the implications of his presidency for the US economy and stockmarket. David Osfield, co-manager of the Amity International fund at EdenTree tells Investment Week that Trump seems to be more willing to take on incremental debt at a national level to fund investment. He further claims that this would come in the form of domestic infrastructure spending, which is positive for cyclical equities in the short term.