How to invest as Trump ushers in a new world order

US president Donald Trump is tearing up the rules and putting America first – which is just what his voters wanted him to do. John Stepek explains what that means for your money.

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This time last year, if you'd suggested that the US president even a president like Donald Trump would shortly be on better terms with the leader of North Korea than with the prime minister of Canada, then you'd have been laughed out of the door. In October, we even wrote about investing in missile defence, given that Trump and Kim Jong-un were trading insults on Twitter, and there were genuine concerns about the potential for war maybe even a nuclear exchange. Yet by the end of this week that was all ancient history.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.