By: Mat Lystra, Senior Research Analyst
US election day on November 8 produced an outcome that was something of a surprise to markets around the world—but the markets' response indicates this was a surprise with plenty of potential upside for US companies. The US equity markets and small cap stocks in particular, responded by posting the largest post-election gains in recent history. By examining the post-election performance by sector, we can get a closer look at what drove the “Trump bump”. What happened, and is the post-election bump sustainable?