US election: What does Trump's victory mean for markets?

US election: What does Trump's victory mean for markets?

At a glance:

• Donald Trump’s policy promises, such as increased tariffs, could raise inflation in the US, while the longer-term impact on China may be more nuanced.

• We expect to see short-term market volatility, both up and down, but we do not act on speculation. We remain anchored to our long-term investment views.

• Avoiding a knee-jerk or emotional response after such a divisive election is essential.