The Trump Effect: time for investors to buckle up

New York

WHEN Donald Trump won the presidential election, investors seemed positively giddy about what he was going to do to improve the nation's economy. Believing that his promises to reduce corporate taxes and curtail costly regulations would unleash economic growth, investors pushed stock indexes to new heights.

Hope always plays a powerful role in the financial markets - and then reality sets in. So, as Mr Trump gets down to work, investors are scratching their heads trying to figure out what his presidency will really mean for their portfolios.