President-elect Donald Trump.
The realization of that moniker threw financial markets and most of the world into confused chaos on Tuesday night as American voters delivered a heavy blow to the socio-economic establishment. The initial response was cold terror, sending U.S. equity futures plunging overnight. Then, a concession by Hillary Clinton and a tempered victory speech by Trump removed the threat of a contested outcome, started the healing process and focused attention on the consequences to come — namely, the prospect of a huge fiscal stimulus of tax cuts and infrastructure spending.
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