For subscribers
Market Watch
Trump trade fuels a full-on rally in financial markets
Sign up now: Get ST's newsletters delivered to your inbox
Markets will be watching how the relationship between US President-elect Trump and Fed chair Jerome Powell plays out.
PHOTO: REUTERS
Follow topic:
SINGAPORE - Unexpected as it may have been for many market observers, Donald Trump’s successful presidential bid has sent markets into overdrive, signalling Wall Street’s anticipation of pro-growth and pro-business, but potentially inflationary, policies over the next four years.
Wall Street indexes reached for new records on expectations that anticipated deregulation would boost corporate activity and earnings.
