Please find attached an article from Shane Oliver which outlines his views on the implications for investors of Donald Trump being elected President of the US.
Key points raised are:
- Donald Trump’s election risks ushering in a period of policy uncertainty which could cause further share market weakness in the short term.
- Australian and Asia generally are particularly exposed to this given the high trade exposure regionally.
- Trump’s victory is a negative for risk assets like shares and the Australian dollar in the short term – but if he becomes more pragmatic as President, any short term weakness will provide a buying opportunity.
