Erste Asset Management

5 results for "Monthly archive:November 30, 2016"

Monthly archive:November 30, 2016

Trumponomics
Trumponomics
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Trumponomics

The market participants are still focused on the implications of Donald Trump’s victory at the US presidential elections. In simple terms, “Trumponomics” are a combination of expansive fiscal policies and restrictive trade policy. An increased budget deficit is supposed to support economic growth, while the curbing of free trade aims at job protection.

Markets assume President Trump will deliver
Markets assume President Trump will deliver
© iStock

Markets assume President Trump will deliver

The outcome of the US election last week, together with the Brexit-vote in June, was the second major political event this year that shook financial markets. In both cases the outcome was different to what pollsters, the media and investors anticipated. Unsurprisingly, markets – across asset-classes and geographies – reacted strongly and in some cases […]