U.S. Election Update

Newsletter provided by TD Asset Management                                                        Reprinted with permission

Donald turns up trumps: U.S. election update

Last night, one of the more colourful U.S. presidential election campaign seasons in recent memory came to a close. Businessman and reality-TV personality Donald Trump won the election and will take over as president on January 20. This somewhat surprising turn of events is likely to lead to uncertainty until there is a more comprehensive understanding of his proposed policy initiatives, and we at TD Asset Management (TDAM) expect to initially see increase volatility and a significant negative reaction in the financial markets.

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