M&G's Doyle: Trump victory could cause 2008-like market reaction

The implications of Trump/Clinton wins

M&G Bond Vigilante Anthony Doyle has shared his views on the possible outcomes of the US elections and how this would affect markets, as voters head to the polls next week.

Democratic candidate Hillary Clinton was previously leading the polls over Republican Donald Trump but since the FBI embarked on a further investigation into her emails, the polls have narrowed between the two candidates. Doyle, investment director in the M&G fixed income team, said a Clinton victory would be be unlikely to change investors' views on the US economy. It could also lead to higher US growth and a rise in inflation, which currently stands at 1.5%. Conversely, a Trump win could lead to market volatility similar to that seen during the 2008 financial crisis, he warned. T...