Christopher Mahon: Markets must be prepared for a more hawkish Fed

Donald Trump's victory is arguably one of the greatest political shocks in recent times. For Trump, this win is the culmination of a journey that defied the odds at every turn. His first victory was in taking over the Republican Party, largely against the will of the Republican governing class. He has now used this momentum to take control of the highest political office the world has to offer. In achieving victory, Trump has defied the political class, pundits and markets alike. Rightly or wrongly, his chosen narrative has been simple - globalisation is the cause, inequality is the effe...