Market rotation turns into year-end rally

I-AM GreenStars Market Commentary

Donald Trump's election victory dominated events in November. Equities rose sharply, with the outperformance of the US markets extreme.

The focus was increasingly on cyclical segments such as financials and industry, and speculative stocks also rose sharply in some cases. Trump is expected to pursue a market-friendly policy, and the clear election result cleared a lot of uncertainty out of the way and promoted the risk appetite of market participants.

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