Trump in power - impact on UK and other economies

Trump in power - impact on UK and other economies

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Discussion

AMDBSTony

Original Poster:

1,077 posts

169 months

Wednesday 9th November 2016
quotequote all
Looks like Trump has succeeded in becoming President of the US.

Dollar is currently weak but some say it will rally as a result, some say otherwise.

Have heard that many economies will be affected, anyone have any thoughts or predictions for future?

ReallyReallyGood

1,624 posts

132 months

Wednesday 9th November 2016
quotequote all
Good time to buy shares in wall-construction companies, that's all I know.

anonymous-user

56 months

Wednesday 9th November 2016
quotequote all
They will be Trump companies. The dawn of a new era of US corruption.

Hugo a Gogo

23,378 posts

235 months

Wednesday 9th November 2016
quotequote all
ReallyReallyGood said:
Good time to buy shares in wall-construction companies, that's all I know.
assuming any of them will ever get paid

Eric Mc

122,195 posts

267 months

Wednesday 9th November 2016
quotequote all
Dollar sliding at the moment - although that may change.

AMDBSTony

Original Poster:

1,077 posts

169 months

Wednesday 9th November 2016
quotequote all
Was hoping that pound would rise significantly as a result of Trumps win.

Maybe there will be a Brexit type reaction but having said that I understood the £ to $ relationship was a computer glitch that once fixed never saw the £ recover!

Suppose its a little early to see the ramifications as yet, give it a day or so??

I think that concrete and digger sales may be on the up.....may invest a few pounds in underground bunker installation companies biglaugh

rdjohn

6,237 posts

197 months

Wednesday 9th November 2016
quotequote all
Hopefully the UK will no longer be "at the back of the queue" when it comes to a May / Trump trade deal.

MarshPhantom

9,658 posts

139 months

Wednesday 9th November 2016
quotequote all
Eric Mc said:
Dollar sliding at the moment
Have a bit of Brexit.

rofl

Chris Stott

13,503 posts

199 months

Wednesday 9th November 2016
quotequote all
Was hoping for a big USD drop to help off set the pain of Brexit... but after a small drop it's pretty much recovered.

Shame... was the only potential positive I could see in a Trump victory.

DonkeyApple

55,886 posts

171 months

Wednesday 9th November 2016
quotequote all
V6Pushfit said:
They will be Trump companies. The dawn of a new era of US corruption.
You'd think but seeing as the entire Democrat power base over the last two years of digging couldn't find any business filth on Trump you have to run with the weird fact that he has been far more kosher in business than anyone else that springs to mind.

DonkeyApple

55,886 posts

171 months

Wednesday 9th November 2016
quotequote all
AMDBSTony said:
Was hoping that pound would rise significantly as a result of Trumps win.

Maybe there will be a Brexit type reaction but having said that I understood the £ to $ relationship was a computer glitch that once fixed never saw the £ recover!

Suppose its a little early to see the ramifications as yet, give it a day or so??

I think that concrete and digger sales may be on the up.....may invest a few pounds in underground bunker installation companies biglaugh
For a country that is most likely facing a hard exit from the EU unless the people of the EU manage to oust their political elites then a Trump government and its anti Europe stance is far more favourable than a Clinton one.

If Trump even begins to go through with his pre election rhetoric of the EU paying its fair share of defence spend or the US will leave NATO or the implementations of trade barriers with the EU then the real question is whether the EU will leap further in its current extremist direction or will the people force it back to being about free trade and not the eradication of incumbent cultures and identities.

The media is spouting about 'post truth' politics but obviously there has been no truth in the last 30 years as an elite have attempted to restructure societies into some Utopian dream. The real truth is that everything that we are seeing now is the final backlash to the gross mismanagement of the end of the industrial era of the West and the abject failure to deliver replacement work and opportunity to those who would have once found security and opportunity within industry. It's no coincidence that both here and the US that what we are seeing is a revolution from the old industrial heartlands using whatever tools they have at their disposal to fight an elitist political system which has not just comprehensively failed them but attacked them and tried to crush them.

MarshPhantom

9,658 posts

139 months

Wednesday 9th November 2016
quotequote all
DonkeyApple said:
V6Pushfit said:
They will be Trump companies. The dawn of a new era of US corruption.
You'd think but seeing as the entire Democrat power base over the last two years of digging couldn't find any business filth on Trump you have to run with the weird fact that he has been far more kosher in business than anyone else that springs to mind.
Donald would be richer now if he'd done nothing since 1974...

https://www.indy100.com/article/it-turns-out-donal...

K12beano

20,854 posts

277 months

Wednesday 9th November 2016
quotequote all
Like many other scenarios, I suspect the price of oil will be one factor in how the world economies are affected.

...and that's proven quite difficult to predict recently.

K12beano

20,854 posts

277 months

Wednesday 9th November 2016
quotequote all
PS: HOTC and CAKE both up on the London market , so I'm off to eat chocolate cake.....

AW111

9,674 posts

135 months

Wednesday 9th November 2016
quotequote all
Trump has talked a lot about the evils of free trade deals...

Mind you, he tells a lot of porkies, so no-one knows if he will follow through his hints of erecting tariff barriers.

NRS

22,261 posts

203 months

Wednesday 9th November 2016
quotequote all
MarshPhantom said:
DonkeyApple said:
V6Pushfit said:
They will be Trump companies. The dawn of a new era of US corruption.
You'd think but seeing as the entire Democrat power base over the last two years of digging couldn't find any business filth on Trump you have to run with the weird fact that he has been far more kosher in business than anyone else that springs to mind.
Donald would be richer now if he'd done nothing since 1974...

https://www.indy100.com/article/it-turns-out-donal...
In reality no one with that amount of wealth would likely do that to my understanding, as a certain amount of the focus is on low risk wealth preservation investments so you don't get wiped out in a crash. The better thing to do would be to compare him to his peers at the time and see how they compare in terms of wealth now.

Ginge R

4,761 posts

221 months

Wednesday 9th November 2016
quotequote all
Macs should now fall in price again, right?

I'm optimistic. Trump's acceptance speech was unusually conciliatory, and seemed to be a call to arms to America to rebuild, and not just walls. Domestically, I think it'll be good for American markets and I think too, we'll see, globally, a change of impetus, too. The uncertainty over defence, trade and environmental pacts with international partners will result in more volatility and uncertainty though, IMHO.

Overall though, we've been here so often of late, I wonder if markets won't react with quite as much volatility as we may once have thought. Maybe we have already priced much of the movement in. I think many clients are far more cognisant and accepting of political events creating volatility these days. So, no big changes in proposition. Interestingly, once again, the pollsters, many active fund managers and hedge funds seem to have got it wrong.

jeff m2

2,060 posts

153 months

Wednesday 9th November 2016
quotequote all
Impact on UK.
Obama was the most anti UK President in US history, so things can only get better.

Let's hope so.


ralphrj

3,545 posts

193 months

Wednesday 9th November 2016
quotequote all
AW111 said:
Trump has talked a lot about the evils of free trade deals...

Mind you, he tells a lot of porkies, so no-one knows if he will follow through his hints of erecting tariff barriers.
He has talked about pulling the US out of the WTO. The USA is the UK's largest export partner (14.5% of all UK exports in 2015) if you treat the EU as individual countries so anything that disrupts trade between us and them could be bad news.


Alex

9,975 posts

286 months

Wednesday 9th November 2016
quotequote all
The dollar has already recovered all the overnight loss against the Euro and Pound.