Stock market uncertainity over Trump is causing fears at the Stock Market and on Wall Street.
This is what the experts think.
This is what could happen to the stock market if Donald Trump wins
Stock market uncertainity over Trump is causing fears at the Stock Market and on Wall Street.
This is what the experts think.
17 Hours Ago | 03:54
Wall Street's long-running view that Hillary Clinton would easily become the next president has been replaced by a new fear that Donald Trump could win, and it probably won't be a pretty picture for stocks if he does.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.
Donald Trump
Carlo Allegri | Reuters
Donald Trump
"If we were to go in 70/30 [for Clinton], and we think the market is 10 percent higher under Clinton than Trump, if Clinton wins it should be up about 3 percent and if Trump wins, it should go down 7 percent," said Eric Zitzewitz, economics professor at Dartmouth College.
If a President Trump were to institute all of the Trade Policies he has stated- it would almost certainly result in a global trade war, which would result in a huge depression (It's gonna be HUGE!)
Of course that might be overshadowed by events- if Russia decides to invade any of Eastern Europe, or China to move on the disputed Islands since Trump has already signaled that the United States might not be willing to stand by our allies- maybe Trump will boost our economy by getting us into a full fledged war.....