Financial markets were poised for days of uncertainty, but in the end it wasn't even close. Donald Trump won the election comfortably and the reaction in the markets was swift. Share prices rose. The US dollar strengthened. Interest rates were expected to stay higher for longer and it became more expensive to service US government debt.
The moves in the markets were also entirely predictable. The man who will become his country's 47th president has made no secret of what he plans to do: cut taxes, impose heavy tariffs on imported goods, curb migration and slash red tape.
Bu hikaye The Guardian dergisinin November 07, 2024 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin November 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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