Artemis' Weldon: How to benefit from Trumponomics equity boost

Particularly small cap and domestic companies

For all the controversies, the stockmarket still views America's 45th president as a blessing, writes Cormac Weldon, manager of the Artemis US Select fund.

The fact the Dow Jones Industrial Average hit the 20,000 mark for the first time in its history shortly after his inauguration may owe something to the quirks of its calculation.  But that less idiosyncratic benchmarks, such as the S&P 500, have also set new records suggest a Trump administration is good news for equities. So with a lot of optimism already in the price, where do we go from here? Clearly, US stocks are not cheap. But they might not be as expensive as they first appear.  With the recovery in the oil price having transformed the outlook for the energy sector, aggregat...