<b>Devangshu Datta:</b> Surviving the Trump test

IT, pharma indices may see wild swings; long-term investors may get interested on further declines

The installation of a new US President is always cause for some tension. The US is the largest economy in the world. It’s a major source of global investment and demand, as well as the world’s largest centre for innovation. Moreover, it has huge geopolitical influence.
 
The Donald Trump era is likely to be especially disruptive and not necessarily in a good way. The campaign messaging was exceptionally protectionist, to the point of racism. Trump wants to bring manufacturing back to the US. He is obsessed about outsourcing of jobs to Mexico, in particular. Even prior to his inauguration,