Trump victory offers lessons for stunned investors
Stocktake: Market response to US election result confounds bearish forecasters
As markets rallied following Donald Trump’s victory in the US presidential election, Wall Street changed its previously bearish tune. Photograph: Alex Kraus/Bloomberg
What will the US presidency of Donald Trump mean for stock markets? An honest observer would note the unpredictability of recent events and admit: I don’t know. A more appropriate question is: what can investors learn from the recent presidential election and the subsequent market reaction?
Quite a lot, as it happens. Here are six important lessons that should be heeded by all investors.