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MIND THE GAP

Your portfolio in a Trump administration: Should you take action?

Broad-brush prognosis based on several strategists is that US equities are seen as a clear winner, but the outlook for Asian equities is less clear

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Genevieve Cua

Genevieve Cua

Published Mon, Nov 11, 2024 · 05:00 AM
    • US president-elect Donald Trump his senior adviser Susie Wiles. Analysts upgraded their calls on US equities in anticipation of tax cuts and pro-growth policies that would benefit the economy and companies.
    • US president-elect Donald Trump his senior adviser Susie Wiles. Analysts upgraded their calls on US equities in anticipation of tax cuts and pro-growth policies that would benefit the economy and companies. PHOTO: REUTERS

    DONALD Trump has chalked up a decisive win as US president-elect, with a majority for the Senate and a slim edge to date for the House of Representatives.

    What does this mean for markets and portfolios?

    Here’s the broad-brush prognosis based on several strategists’ reports – US equities are seen as a clear winner, thanks to pro-growth policies expected to boost the US economy and earnings. The outlook for Asian equities is less clear, given the expectation of higher tariffs and a stronger US dollar.

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