Deglobalization didn't end with the Trump presidency, it's here to stay

Open this photo in gallery: Republican presidential candidate and former president Donald Trump speaks at a campaign rally on May 1 in Waukesha, Wis.Morry Gash/The Associated Press The world experienced a prolonged period of economic globalization from 1981 to the beginning of 2017. This period effectively ended when Donald Trump became president and began implementing an "America First" trade policy. No matter who wins the White House this November, this deglobalization trend will accelerate. And this will have a profound impact on the investment returns of various asset classes for at least a generation. Simply put, it will be the…