Megan Greene: Moves Trump can make quickly are likely to be recessionary

But fiscal stimulus measures will take time to get through Congress

Market volatility is expected after the US election

In his snap reaction to the election, the well-known (and centre-left-leaning) economist Paul Krugman said “the economic ramifications [of a Trump victory] are way down my list of things to fear”. I understand his sentiment, but actually think the economic ramifications of a Trump victory should sit at the forefront of everyone’s minds. I swear I’m not just saying so because I’m an economist.

With the Republicans winning the presidency and a majority ...