What impact will Donald Trump have on iron ore?

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From Bill Evans at Westpac:

We have just witnessed one of the most volatile 24 hours in US equity markets on record.

After falling limit down 5% in overnight markets the US Dow Jones industrial Index posted a net 1.4% increase on the day for an overall “recovery” of 6.4%.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.