I am disappointed tbh, as I had hoped for a HRC win.
Yet there is nothing much anyone can do about it and the American electorate has spoken.
All we can hope for is that things are not as bad as forecasted and Trump governs with a rational mind.
Look how markets were affected:
During thre course of counting, just like BREXIT, the initial counts had Clinton leading and the market started off a wee it optimistic. Then it slowly became clearer and clearer that Trump would win, which led to a violent tanking of the S&P and a spike in Gold as risk came off.
Finally it was confirmed that Trump won. Maybe the markets felt overreacted, maybe his victory speech gave hope (he spoke of infrastructure spend), maybe the market was just irrational.
S&P suddenly began rising, slowly and apprehensively at first, and then jumping higher near the day's closing. Gold conversely plunged as risk off took control.
I still think markets are going to be very volatile for a few more weeks as markets adjust to Trump's intentions, policies and plans.
Stay safe out there.
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