Cookies on Jupiter's website

Jupiter use cookies to improve your online experience and provide content that is relevant to you. By continuing to navigate this site, Jupiter will write cookies to your PC in accordance with the Jupiter Cookie Policy. You can remove this message by clicking the link on the right.
Print this page

Sebastian Radcliffe comments on the outcome of the US presidential election

Sebastian in reception

by Sebastian Radcliffe
9 Nov 2016

The difficulty in assessing the impact of a Trump win is that it is unclear what he will actually do in office. 

The short term impact is likely negative for shares as the level of uncertainty increases. However, based on the broad thrust of his comments so far he is likely to enact stimulus measures – for example a large programme of infrastructure spending – that could materially accelerate the economy. While the market will fret over the uncertainty, the reality is that there is a material separation of powers in US politics where substantive change to law requires approval of both houses of congress and in my view there are sufficient moderate Republicans to join their Democrat Congressional colleagues in halting some of the more wild-eyed initiatives that might come out of the new President.

Important information
This commentary is for informational purposes only and is not investment advice. The views expressed are those of the author at the time of writing and are not necessarily those of Jupiter as a whole and may change in the future. Every effort is made to ensure the accuracy of the information but no assurance or warranties are given. Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested.

Issued by Jupiter Asset Management Limited which is authorised and regulated by the Financial Conduct Authority. No part of this document may be reproduced in any manner without the prior permission of Jupiter Asset Management Limited.



© Jupiter Fund Management plc 2017

Jupiter Asset Management Limited (JAM), Jupiter Unit Trust Managers Limited (JUTM), Jupiter Fund Management plc (JFM) and Jupiter Investment Management Group Limited (JIMG) are registered in England and Wales (nos 2036243, 2009040, 6150195 and 792030). The registered address of JAM, JUTM, JFM and JIMG is The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ. JUTM and JAM are authorised and regulated by the Financial Conduct Authority under the references 122488 (JUTM) and 141274 (JAM). See the Financial Services Register for more details. For company contact details click the link at the top of the page. Full legal information can be viewed by clicking the link above.