Is Investing Based On Politics A Short-Cut To Ruin?

Authored by Simon White, Bloomberg macro strategist,

Each new presidential term starts with speculation about market winners and losers. But prevailing trends are a much better guide than fickle and unpredictable politics.

In the current environment, while reviving inflation in the US should keep yields supported over the longer term, many of the other trades expected to do well after Donald Trump’s victory are fated to disappoint.