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<blockquote data-quote="tonyexpress" data-source="post: 3305436" data-attributes="member: 1940"><p>Here... I'll feed ya a "fake news" tidbit.</p><p></p><p><span style="font-size: 22px"><strong><a href="https://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164" target="_blank">Economists: A Trump win would tank the markets</a></strong></span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 15px">NEW YORK — Wall Street is set up for a major crash if Donald Trump shocks the world on Election Day and wins the White House.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">New research out on Friday suggests that financial markets strongly prefer a Hillary Clinton presidency and could react with panicked selling should Trump defy the polls and deliver a shocking upset on Nov. 8.</span></p><p><span style="font-size: 15px"></span></p><p>Overall, the authors of the new paper envision a massive global market shock should Trump win. “Given the magnitude of the price movements, we estimate that market participants believe that a Trump victory would reduce the value of the S&P 500, the UK, and Asian stock markets by 10-15%,” they write and “would reduce the oil price by $4, would lead to a 25% decline in the Mexican Peso, and would significantly increase expected future stock market volatility.”</p><p></p><p>I wonder how many of the misinformed are still not participating in all this upside? <img src="/community/styles/default/xenforo/smilies/FeltTip/teethy.png" class="smilie" loading="lazy" alt=":teethy:" title="Teethy :teethy:" data-shortname=":teethy:" /></p></blockquote><p></p>
[QUOTE="tonyexpress, post: 3305436, member: 1940"] Here... I'll feed ya a "fake news" tidbit. [SIZE=6][B][URL='https://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164']Economists: A Trump win would tank the markets[/URL][/B] [/SIZE] [SIZE=4]NEW YORK — Wall Street is set up for a major crash if Donald Trump shocks the world on Election Day and wins the White House. New research out on Friday suggests that financial markets strongly prefer a Hillary Clinton presidency and could react with panicked selling should Trump defy the polls and deliver a shocking upset on Nov. 8. [/SIZE] Overall, the authors of the new paper envision a massive global market shock should Trump win. “Given the magnitude of the price movements, we estimate that market participants believe that a Trump victory would reduce the value of the S&P 500, the UK, and Asian stock markets by 10-15%,” they write and “would reduce the oil price by $4, would lead to a 25% decline in the Mexican Peso, and would significantly increase expected future stock market volatility.”[SIZE=4][/SIZE] I wonder how many of the misinformed are still not participating in all this upside? :teethy: [/QUOTE]
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