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What a Trump presidency means for your money
Though many polls reflected a tight race, the resulting Trump victory was a surprise for markets and the initial reaction has been turbulent as investors adjust positioning. Among the sharpest moves were a drop in the S&P futures index, and weakening in the Mexican peso versus the US dollar and rallies in currencies that have traditionally performed well in periods of volatility, such as the yen and Swiss franc.
Serenity now...
A number of upcoming events, including the wackiest election in decades, could generate market volatility. Although our process still sees U.S. stocks and global government bonds as expensive, a market setback could provide us with a terrific opportunity to buy.