They add that the “victory” of Donald Trump should alleviate election uncertainty and allow investors to refocus on fundamentals.
US exceptionalism in equities could be prolonged, should the new Trump administration implements the tax cuts as promised, says Maybank Group Wealth Management Research in its Nov 7 note.
Analysts note that a “red sweep” is “likely better for the US”, following the conclusion of the US Presidential election on Nov 6.
