Issue 6: Trump Triumphs

14 November 2024

Trump 2.0 will be better than Trump 1.0 and is a positive for the US economy, corporate earnings growth and equity markets. Trump is also good news for the rest of the world. Europe is loses on all fronts.  Short European exporters and overweight defence stocks. Trading Post expects  bitcoin to become an official US reserve asset. Meanwhile the war in Ukraine is over.  A Trump brokered Middle East deal looks likely. Trump’s transactional approach and pragmatism make 20% and 60% import tariffs unlikely. China-US relations will be based on negotiated outcomes.