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Trump drowning under a blue wave could have consequences for Aussie borrowers

Donald Trump's electoral collapse in the US mid-term elections could have serious implications for Australia's economy and borrowers.

U.S. President Donald Trump speaks on stage at the Butler-Vandalia Student Activity Center during a campaign rally.
Voters pointed Republicans towards the exit doors, claiming previously unthinkable wins in the likes of Texas and Mississippi. (Image source: Shutterstock.com and API Magazine)

The US midterm election may seem a long way from Australia’s property market but in a world where a CEO affair can upend global share markets, the evidence of global connectivity cannot be ignored.

Nvidia is a major engine of US economic growth and has powered the AI boom that has driven much of the stock market’s recent gains. The affair involving a potential Chinese spy by its leader Jensen Huang unsettled Wall Street and sent ripples through m…

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