Trump's Inaugurated—What's Next?
Assessing medium-term policy actions from POTUS.
On Monday, Donald Trump was inaugurated as the 47th President of the United States. In our view, his speech at the ceremony was remarkably restrained, with the focus, instead, on the flurry of executive orders that he signed to kick-start his term.
Even though we’ve seen market movements in recent months in anticipation of his victory—and indeed in recent weeks following comments that he has been making—we feel there’s still plenty of room for investors to profit from potential Trump trades. Below, we outline four key areas that we feel will impact markets for 2025, alongside trade ideas expressing these views.