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Nov
21
November Commentary: President-Elect Donald Trump
It has been almost two weeks since businessman Donald Trump became the President-Elect of the United States, which means it has been almost two weeks since our collective jaws dropped and we began trying to figure out what the next four years might look like. Given that prognostication has not exactly been an exact science of late, it is hard to tell where we are headed. Prior to election night, conventional wisdom had been that the U.S. investment markets would react more harshly to a Trump victory than to a Clinton win, simply based on the "unknown" factor of Donald Trump, and the anxiety the unknown always brings to the market. About halfway through poll closings, it looked like conventional wisdom would play out. As a Trump victory...
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