Sharemarkets in the Asia-Pacific region fell sharply on 9 November 2016, in response to Donald Trump’s US presidential election win. Meanwhile, futures market pricing suggests that the Dow Jones Industrial Average is set to record its biggest one-day fall since the UK voted to leave the European Union. K2 Asset Management MD Campbell Neal notes that asset prices had largely recovered after an initial sell-off following the Brexit vote. He says Trump will be a “change agent” for the US, and corporate America will benefit from his election in the long-term.
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