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What does the election of Donald Trump mean for the U.S. stock market

What does the election of Donald Trump mean for the U.S. stock market

"Stocks will rally sharply under Trump's election win on hopes of not just corporate tax cuts, but also deregulation and government spending. He also promises a simplified tax system with tax cuts across the board. In my view bank equities will soar as Trump will implement deregulation of the financial sector and its my belief he will abolish the Dodd Frank law and Volker rule. I believe from the S & P to financial stocks the US markets will reach record highs in 2017", says Alan Green, senior analyst at Molton Wealth Financial Services.

When asked what stocks in particular should investors choose, Alan Green, senior analyst at Molton Wealth Financial Services stated "your safest investments under Trump are Defence stocks, Private prison and security stocks. And I would stay away from any green companies as Trump has promised to re-open the coal and oil markets in the US."