Donald Trump’s return to the White House in 2025 promises to be a defining period for markets, marked by his signature unpredictability and bold rhetoric.

While his lighter regulatory approach and proposed tax cuts may bolster US equities and spur economic growth, his strong stances on trade and inflation pose risks of market volatility and sector-specific disruptions.

While markets may see initial turbulence from Trump’s rhetoric and policy shifts, long-term fundamentals are expected to play a larger role in shaping equity performance.

This report is worth 60 minutes of CPD.