Trump’s Win Piles on the Pain for European Investors
European stocks and the euro have all slumped since the US election as investors bet Trump’s policies will hit the continent hard.
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A dormant stock market, brittle currency, crisis-ridden political system, stagnant economy — so was the landscape in Europe even before Donald Trump won election in the US.
Now, the continent faces new trade tariffs against its biggest companies and investment outflows as Trump's plans to cut taxes and gut regulation make US stocks more attractive. Add to that the growing angst around Germany's upcoming snap election and escalating Russia tensions and even the most optimistic investors are struggling to stay upbeat.