The Globe and Mail reports in its Thursday edition that Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving quickly on a wide swath of issues including trade and immigration that are expected to swing asset prices. A Reuters dispatch to The Globe says that Mr. Trump's tariff plans could further fan inflation fears that pressures bond and stock prices, while efforts to tighten immigration controls could also reverberate through those markets. Moves to ease regulation are poised to lift assets, including crypto and bank stocks. The address could also lay the groundwork for White House actions in the coming days and weeks. Investors for months have been shifting portfolios based on the impending change in the White House, with many so-called "Trump trades" gaining steam even ahead of the November election when he was leading in polls and betting markets. For example, shares of Tesla, which is led by Trump backer Elon Musk, have soared 60 per cent since the Nov. 5 election. Alex Morris at F/m Investments said he will be listening for Mr. Trump's tone: "The longer that anger continues, the more likely it is that bonds get cheaper, equities get cheaper."
© 2025 Canjex Publishing Ltd. All rights reserved.