Wednesday, November 09, 2016
We caution investors from fearing the worst. Trump will likely be forced to moderate his positions on many fronts, given that the president doesn’t have much autonomous power and needs to work with Congress to get things done. In other words, what Trump said to get elected and what he does or is able to do will likely be very different. Indeed, markets were recovering from their worst levels as Trump talked about bringing the country together during his acceptance speech.