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Christopher Joye

Markets celebrate a Trumpian revolution

While investors are rejoicing at the prospect of a business-friendly Trump administration, it will also amplify long-term inflation and asset pricing risks.

Christopher JoyeColumnist
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Most markets are in an understandably exuberant mood.

Central banks continue to aggressively ease monetary policy, and both the US Federal Reserve and the Bank of England dropped their target cash rates by 0.25 of a percentage point on Thursday.

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Christopher Joye is a portfolio manager with Coolabah Capital, which invests in securities, including those discussed in his column. Connect with Christopher on Twitter.
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    Original URL: https://www.afr.com/policy/economy/markets-celebrate-a-trumpian-revolution-20241108-p5kozv