2016 Postmortem
Related: About this forumIf Trump wins, it probably won't be a pretty picture for stocks.
Wall Street's long-running view that Hillary Clinton would easily become the next president has been replaced by a new fear that Donald Trump could win, and it probably won't be a pretty picture for stocks if he does.
Bond yields have moved lower and so have stocks, as the markets have begun to react to the possibility of a Trump victory in the last several days. The S&P 500 Wednesday was off 13 points at the key support level of 2,097 and was down 1.3 percent for the week so far.
The work of two economics professors may provide a glimpse of how the stock market might react if Donald Trump were elected. They studied the predictions market, including PredictIt.org and the reaction in the financial markets to events around the election. One of the economists says their findings point to a sharp immediate sell-off if Trump wins and a slight rally if Clinton wins. The amount of the rally or sell-off depends on the predicted outcome.
http://www.cnbc.com/2016/11/02/this-is-what-could-happen-to-the-stock-market-if-donald-trump-wins.html
Democat
(11,617 posts)Check.
HAB911
(8,904 posts)dhol82
(9,353 posts)What is your point?
Demsrule86
(68,582 posts)And all the low post people who are posting this negative stuff won't change that...suggest you watch Rachel Maddow ...the part where Steve Kornacki show Clinton's worse scenario and she still wins.
dhol82
(9,353 posts)I just do not think that the OP was so negative. It was just stating a truth.
I watch Rachel and Joy and Lawrence. The market is still nervous. The market does not like uncertainty. How is that a negative statement?
HAB911
(8,904 posts)I put the money up supporting the site
TOO FUNNY
Miles Archer
(18,837 posts)Seems like we have bigger fish to fry right now.
Vinca
(50,276 posts)I'm holding onto some silver scrap until after the election just in case. I still doubt Trump will win, but if he does the price will quickly rise as people buy gold and silver as what they perceive to be a safe investment.