Private Investor's Diary Portfolio 

Private investor’s diary: the year that was

Private investor’s diary: the year that was

November saw Donald Trump defy the pollsters and win the US Presidential election. To the surprise of many, this sparked a surge in US equities and a dramatic rise in bond yields. The market reacted to Trump’s plan to reflate the US economy, through a mixture of tax cuts and infrastructure spending, with a jump in inflation expectations to the highest level for some years. Many are suggesting the 30-year bull market for Treasury bonds is over. For the first time since 1999, the S&P 500, Dow Jones, Nasdaq Composite and Russell 2000 all closed at all-time highs on the same day.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now