Trumponomics Risks to the New Zealand economy

Abstract

Financial markets generally don't like uncertainty. If Trump were to be elected POTUS, it’s difficult to see this being anything but a “bigly” headache for markets. Moreover, the way he has managed his campaign and the people associated with it suggests there might be a degree of chaos about the process of selecting and confirming key players in a Trump administration. The immediate impacts will likely be seen in credit conditions, the exchange rate and the US sharemarket.