Day After Trump WIN – Look What Happens to the Stock Market!



Last night, as I was watching Donald Trump make history, the stock market futures on the Dow plummeted something like 850 points. On the Nasdaq and S&P 500, it was even worse and they halted trading for a while. I guess some thought today would be a bloodbath in the markets with Trump now becoming the 45th President of the United States. They were wrong. On Monday and Tuesday, there was a rally when the markets thought Hillary would win. They were shocked when Trump was elected. But this morning, there was a rally for Donald Trump as well. Probably something to do with him promising to fix the roads and put a chicken in every pot.

I think at one point the market was up 250 today. But let me tell you something… a correction is coming and it doesn’t have anything to do with Trump (at this point anyway). It has to do with debt and printing money. When the crash comes, it’s going to be a very bad one and many people will be wiped out. Trump will have to deal with that and you have to hope that since he is a businessman that he can handle it. Time will tell.

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From CNBC:

U.S. equities rose Wednesday after a stunning victory by Republican Donald Trump over Hillary Clinton sent markets for a wild ride.

The Dow Jones industrial average rose about 200 points in afternoon, with Caterpillar and Goldman Sachs contributing the most gains. The S&P 500 traded 0.5 percent higher after falling initially, with financials and health care leading advancers. The Nasdaq composite rose about 0.35 percent.

“We had a trial run in June with the Brexit vote,” said Scott Clemons, chief investment strategist at Brown Brothers Harriman. “Like with Brexit, investors and traders are realizing that this is a process, not an event.” “What you’re seeing right now is a pretty predicable repositioning of portfolios.”

Stocks were on track to post a much better post-election day than in 2012, when the Dow and S&P both dropped 2.4 percent, while the Nasdaq slipped 1.4 percent.

This is the same thing that happened after Brexit, so it should not be much of a surprise. James Athey, fixed income fund manager at Aberdeen Asset Management, had this to say: “The market’s initial response to the probability of a Trump win was, predictably enough, one of shock and fear as the prices of traditionally risky assets tumbled and perceived safe havens rose. However the increased prospect of tax cuts and a generally pro-growth set of policies from him, aided and abetted by the Republican clean sweep of congress, has seen some of this initial reaction begin to reverse.” The markets are sensing that if tax cuts are forthcoming, so is growth. If regulation cuts ensue, the market will boom.

If Trump keeps his promises and brings back business and jobs to the US, we could see a renaissance in the markets. But the piper is going to come calling on the debt and it will be a global issue. I just hope and pray that Trump brings some relief to economic-weary Americans. It’s been a very tough eight years. We desperately need some relief and some success here.

Source: Day After Trump WIN – Look What Happens To The Stock Market! | John Hawkins’ Right Wing News


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Cody King

Founder at The Real Strategy, Lowest Priced Advertisements, and Counter Globalist Operations. AKA LesTadO CodIcuS /@opImeme Follow me on Facebook.