After initial Trump trade, politics keep stocks on edge

Clarity needed: After the initial repositioning from the Trump trade, Wall Street investors may require details or clarity about tax-cutting or spending plans from the new administration to keep momentum going in those stocks.

NEW YORK: Arguing over politics is a Thanksgiving Day tradition, but Donald Trump’s presidential election adds a new twist to any bickering at next week’s holiday dinner table: What the new US government could mean for your stock portfolio.

Trump’s shock victory last Tuesday sent investors scrambling to change bets predicated on a win by Hillary Clinton, leading to huge stock increases in industries including banks, biotech and construction.