Investing.com - Republican candidate Donald Trump was elected as the 45th president of the United States on Wednesday, shattering expectations for a victory by Democrat Hillary Clinton.
In his victory speech, Trump said now was the time to come together as one united people and that the government would serve the people.
He also vowed to "deal fairly" with other nations and said America would embark on a national project of renewal.
“We will double our growth and have the strongest economy in the world. At the same time, we will get along with all other nations willing to get along with us", Trump said.
Global financial markets staged a dramatic turnaround on Wednesday after the initial shock of Donald Trump’s election victory gave way to optimism that his plans for fiscal stimulus will provide a boost to the global economy.
Despite the initial market turmoil, market players opted to focus on Trump's key policy priorities, which include generous tax cuts and higher infrastructure and defense spending, along with deregulation for banks.
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