Donald Trump elected President of the US

Implications for investors and Australia

Key points

• Donald Trump’s election as President of the United States risks ushering in a period of policy uncertainty which could cause further share market weakness in the short term.

• Australia and Asia generally are particularly exposed to this given the high trade exposure regionally.

• Trump’s victory is a negative for “risk assets” like shares and the $A in the short term – but if he becomes more pragmatic as President, any short term weakness will provide a buying opportunity.