Monday, October 3, 2016

What the Markets Think About a President Trump

From Bloomberg BusinessWeek:

"That implies that investors don't think Trump will win, or just don't care. Indifference can't be dismissed -- financial professionals know that presidents lack the magical power over economic affairs that the political arena demands that they claim. But the exceptional steadiness of global markets in the face of U.S. political tumult favors the first explanation: In contrast to previous election years, investors are convinced that there's only one likely outcome this time."

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.