With Donald Trump being elected President of the US again, Shane Oliver has outlined the possible implications for investors in the article link below.

Key points raised are :

• The return of Donald Trump to the US presidency brings the prospect of more US tax cuts and deregulation, but also more tariff hikes, trade wars and policy uncertainty 
• His win was not the surprise it was in 2016, and markets have moved to adjust - but it means higher US bond yields, a higher US dollar and a knee jerk rise in shares.  Shares could be threatened by the higher bond yields and tariffs.
• Australia is vulnerable to an intensification of trade wars.
• While the US election is important, investors should bear in mind that many other things influence investment markets.