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It’s all wrapped up. Donald Trump becomes president of the US again. He will have a majority in the Senate, and probably also in the House of Representatives. Now we need to talk about the associated Trump Trade. Points of Return has warned that a Trump victory was already priced in, creating the risk of a nasty shock if he loses. Whether it was because those trades were reversed in recent days, or because of the surprisingly complete nature of his victory, this was determined to be wrong on Wednesday. It was the best post-election day for the US stock market in history.