SBP editorial: Only thing certain is our financial uncertainty

13th November, 2016

Markets hate uncertainty, the old adage goes. If that’s true, then markets apparently love the certainty that Donald Trump, last week elected president of the US, is going to give the American economy.

Despite a brief wobble on Wednesday morning, caused presumably by the shock of a decision that was expected to go to Democratic Party candidate Hillary Clinton, markets in the US rallied and several companies’ share prices surged.

Why? Because...

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