Global financial markets were rattled by the surprise election victory of Donald Trump, but history shows these initial reactions to unexpected news are overblown. Traders in Tokyo saw a massive decline in the values of the Japanese yen versus the US dollar. Photo: AP
Stephen Vines
Opinion

Opinion

The View by Stephen Vines

This one predictable trend will emerge from Donald Trump’s shock election victory

‘The abiding truth about changes of government is that they have remarkably little impact on economic fundamentals’

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Global financial markets were rattled by the surprise election victory of Donald Trump, but history shows these initial reactions to unexpected news are overblown. Traders in Tokyo saw a massive decline in the values of the Japanese yen versus the US dollar. Photo: AP
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