John Looby: 'Reagan's presidency is a useful guide for what may evolve under Trump'

John Looby: 'Reagan's presidency is a useful guide for what may evolve under Trump'
Useful guide? Ronald Reagan Pic: Getty

Reagan's success as issuer of the unanchored global reserve currency highlights the freedom now in the President-elect's hands

The political earthquake of November 8 continues to reverberate across the globe. Friends and enemies of the United States are continuing to grapple with the unknowable consequences of President Trump.

While the dust is likely to be a long time settling, many see the Reagan presidency as a useful historic guide for what may now evolve. The reaction to date across financial markets of higher stock prices, higher bond yields, and a stronger $, is...

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