Moneycontrol
Oct 18, 2016 03:48 PM IST | Source: CNBC-TV18

Market not discounting a Trump presidency: Jan Lambregts

In an interview with CNBC-TV18, Jans Lambregts said that the US Presidential election poses a lot of uncertainty and as seen with Brexit, the market is not discounting anything at the moment.


The global market has seen some strengths today but whether this rally will sustain or not remains a question.


"It is expectation of a bit more fat policy; it was a bit of a hiccup by the bull market fuelled by the speech on Friday by Janet Yellen," says Jan Lambregts of Rabobank.


Last week Janet Yellen had said that the economy should run in a high pressure way, as in by keeping rates low, Lambregts said.

In an interview with CNBC-TV18, he said that the US Presidential election poses a lot of uncertainty and as seen with Brexit, the market is not discounting anything at the moment.

He said that it is hard for the market to go with such binary events.

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