21 Nov 2016
Market hanging out in the Trump- trade - ANZ
Analysts at ANZ explained that we have little doubt that the world is shifting into a new paradigm where politics and fiscal policy will gain far more prominence.
Key Quotes:
"Markets are indeed behaving that way already as the ‘Trump- trade’ of higher yields and USD remains the centre-piece of market moves. Markets are hanging out for any news-flow and detail on the US President- elect’s policies and key appointments (with commentators noting the announcements over the weekend are certainly at the more ‘extreme’ end of the scale) and speculating on the economic consequences."