"WTF?" This is a comment that is being expressed throughout the world, even by America's closest allies, and there is still more than a week to go before Trump's inauguration.
If his bite is as good as his bark then after his inauguration there will probably be events that cause considerable market volatility. Maybe enough volatility to start another Trump rally, or maybe the start of a major correction, or maybe a period of severe whipsawing.
Because of Trump's protectionist and inflationary policies, on balance I think that in the short term it is most likely that the XJO and the AUD will be adversely impacted.
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Last
8,505.5 |
Change
-18.200(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,523.7 | 8,526.5 | 8,462.7 |
| XJO (ASX) Chart |