It started with the American Dream, put forward in often brash and terrible methods but for his constituencies, Trump was a sense of strength, a man they wanted to believe in.
Markets are focused on the key points of Trump’s campaign, infrastructure, reduction in regulation, removal of key healthcare tariffs. What is clear is that it is not as turbulent as when gold shot through the roof on election day due to the one thing markets hate, volatility.
Key commentary from the likes of Goldman Sachs has pointed towards much more open fiscal policy which in turn will mean potentially higher inflation and higher market interest rates.
But will this come as far as Australia? Ultimately our banks borrow a large amount of our home loans on the international markets so many would say yes.
While gold went crazy on election day it was short lived, the market quickly repricing its flight to safety, since then a strong rally in the US stock market has seen AU follow suit.
It is hard to tell exactly the impact Mr Trump will have in Australia long term, the world for that matter. Early signs point to less uncertainty than originally thought. While some still or argue that a Trump protectionist program may spark global market turmoil, at this stage it seems he is going to maintain the market status quo. 2017 looks like a great year ahead, low interest rates and positive market outlook.
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