Guernsey cosies up to Trump
Guernsey chief minister, Gavin St Pier, has written to the US ambassador to the UK asking him to extend the island’s congratulations to Donald Trump on his election win.
Guernsey chief minister, Gavin St Pier, has written to the US ambassador to the UK asking him to extend the island’s congratulations to Donald Trump on his election win.
Emerging market equities and debt have been the most popular asset classes with European investors this year. But now Donald Trump’s election threatens to spoil the party.
The dollar has rallied in recent days as investors believe stronger US GDP growth and Fed rate hikes will push the greenback up. But markets are ignoring the forces that are likely to drag the dollar down in the longer term.
Winter is coming, but instead of flying south, the flock of black swans that has pecked away at 30 years of globalisation this year is heading east toward Europe.
President-elect Donald Trump may look to overturn the US Department of Labor’s fiduciary rule, set to go live in April, requiring specialist retirement advisers to put their client’s interests first, although some say scrapping it is unlikely.
The US Foreign Account Tax Compliance Act (Fatca) could be repealed when Donald Trump becomes president if the Republican Party sticks with its 2016 policy platform, despite more than $9.9bn (£8bn, €9bn) being paid through voluntary compliance efforts.
Ever get the feeling you’ve been cheated? As I write, the masses are rebelling against a momentous decision that has thrown the free world off its axis… and that’s just the changing shape of the Toblerone.
The surprise US election victory by Donald Trump has greatly increased uncertainty, yet asset prices are now back at similar levels as just a couple of days ago when a Clinton victory looked more likely.
Bond investors are strapped in for an explosive month ahead as more questions were raised over the next Fed rate rise, following today’s US election result.
Active fund managers are largely sanguine but braced for volatility over the coming weeks.
Following Donald Trump’s historic win in the US elections, International Adviser asked IFAs across the globe to give their views on the next president.
The number of expats revoking their American citizenship is expected to see a boost after Donald Trump is named the next president of the United States, leading tax advisers predict.