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

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.