The euphoria which has prevailed on financial markets for a month, following Donald Trump election seems unfailing. Monetary policy becoming more restrictive and the dollar rise which resulted from it, did not undermine commentator optimism and investor appetite. After a gloomy start this year, American growth rebounded during the third quarter to reach, on an annual basis, a rhythm close to 3%. In November, unemployment rate staid at 4.6%. In this economic environment, Janet Yellen, who chairs the American central bank, announced last week, an increase of its key interest rate, which was expected. But, and that was much ...

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The surprise created by Donald Trump election is as high as the uncertainties of his economic choices. It is not rare that the promises of a candidate during his campaign don’t give an exact view of what he will do, once elected. And us, in France, we are not well placed to give lessons on that matter. The situation is more complicated in the United States because the president needs to have the support of the Congress, for his economic policy, his public finance choices and social reforms. The new president in these matters will be in a much ...

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The entire world, since the beginning of this November month, was turning its eyes at the United States and was wondering about the respective chances of both candidates. No election in the past had attracted such an impact, for two reasons: the result has been undecided until the end, with swings at every incident and the personality of one of the two candidates  fascinates some and scares the others. Nobody can predict the economic consequences of the election of Donald Trump. This uncertainty carries heavy consequences and will last until January when the transfer of power between Barack Obama and ...

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