With a popular vote win and control over Congress, Trump returns with both the authority and experience to implement significant changes. Unlike his previous term, he is now positioned to push for more decisive policy shifts, supported by a strong VP and allies like Elon Musk and Vivek Ramaswamy.

Linda Eedes and Wim Murray from Foord Asset Management provide a cautiously optimistic outlook on South Africa's economic environment and local equities, noting the impact of political stability, improved energy reliability, and economic indicators trending favourably in 2024.

Izak Odendaal, Old Mutual Wealth Investment Strategist, provides an in-depth analysis of the potential economic and market implications of a Trump presidency. He covers key areas like trade, immigration, taxation, and monetary policy.

Donald Trump's significant victory has caused notable volatility in the South African rand, which has lost up to 2.5% of its value, trading at R17.82 by midday today. This could lead to increased currency volatility and trade uncertainty in the future.

While South Africa has faced economic challenges, Adriaan Pask, CIO at PSG Wealth believes the idea that local equity investments should be avoided in favour of rand-hedge or offshore stocks is flawed.

Markets have responded to Donald Trump's election victory by anticipating pro-growth policies and higher inflation. Schroders' experts share their longer-term views on what his return to office will mean for the US economy and world trade, global equities, fixed income and the energy transition.