Following Donald Trump's recent election victory, financial markets are bracing for potential policy shifts. Bank of America's Fund Manager Survey (FMS) indicates that many investors believe small caps will outperform in a second Trump administration, known as 'Trump 2.0'. Trump's tariff plans are expected to be as chaotic as his first term, with companies and foreign countries scrambling to adapt. The US equity positioning has surged to an 11-year high, reflecting market optimism. Additionally, the dollar has extended gains as traders position for the new Trump administration. Trump's bold moves are also expected to test the loyalties of GOP senators.