US Election Outcome - What's behind the Trump bounce and which sectors do Canadian investors need to watch?

I was not one of the believers, hence the news on Tuesday that Donald Trump and the Republicans captured a clean sweep (winning the White House and both sides of Congress) was a big surprise to me. Now the question becomes, what does it mean? The simple answer is we can guess, but it’s too early to know with certainty. Clearly, a Trump Washington, just like Brexit, will have longer-term implications that will only become apparent over time. In the short-term, how will Trump’s campaign rhetoric of ripping up NAFTA, erecting a wall between Mexico and the US, and reversing the policies of Dodd-Frank and Obamacare play out in real life? Approaching Election Day we had reduced exposure levels in each our two funds and layered on portfolio insurance...

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Emma Querengesser