Click for printable version.
The contours of the future economic policy under President Trump becomes clearer and it amounts to a significant fiscal stimulus. Clear ideological overtones are visible, but the economy will receive a boost. It will change the balance between monetary and fiscal policy and thereby the investment climate.
The markets initially panicked as it became clear that Donald J Trump will be the next president of the US of A. Over the day of Wednesday, the panic cleared away as the markets began to pore over the various statements made