President-elect Donald Trump

Riding a wave of anger against the Washington establishment, Donald Trump has won the presidency of the United States of America.

Trump went in front of his supporters early this morning to say Hillary Clinton had called to concede defeat. He claimed victory saying it’s time for Americans to come together as one united people and that he would be president for all Americans.

Trump’s victory and the Republicans’ continued control of Congress threaten many of President Barack Obama’s major achievements. Trump has vowed to Obama’s health care law and revoke the nuclear agreement with Iran.

U-S election – Stock markets

Stock markets started falling yesterday in anticipation of a Trump Victory. Futures markets plummeted. So did Asian stocks and oil prices.

Wall Street is concerned about Trump’s financial policies being less clear than Clinton’s. Some say markets will face chaos and turmoil in the coming days because of uncertainty over Trump’s economic policies.