Investors ought to strap in for a rough ride in the new year

Roundtable participants:

Moderator: Anthony Rowley, Tokyo correspondent, BT

IF EVER there was a time for investors to fasten their seat belts, this is it, say a panel of international financial experts convened by BT in the wake of Donald Trump's election as the next president of the US. The road ahead will be bumpy and full of unexpected twists and turns. Mr Trump's coming could light the fires of inflation, send interest rates rising, put an end to "secular stagnation" in the global economy, trigger fiscal stimulus and bring large-scale infrastructure investment back into fashion. If some of these are potential pluses,the negatives could include a bond market crash, economic "overheating", a resurgence of protectionism, currency market turbulence, commodity market problems and generally tougher times for emerging markets.