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Trump victory would be positive for commodities

Posted on 09 November 2016

Jeremy Baker, Vontobel Asset Management’s commodity and alternative investment product manager, has said a Donald Trump victory in the US elections would be positive for commodity prices, particularly oil. Trump’s fiscal policy, infrastructure development and his ‘pro-the oil industry’ stance relative to Clinton could cause a rise in commodity prices, Baker said.
“Since infrastructure is very old in the US, development is needed and Trump has been talking a lot about a fiscal policy. Clearly, he would be more pro-the oil industry compared to Clinton.”……………………………………Full Article: Source


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