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Market Update: Presidential Election Market Implications

November 9, 2016

What will Donald Trump’s election mean for the stock market? On the night of the election and into the early morning hours when Donald Trump was being projected as the winner, overseas global markets were volatile and the U.S. futures market was initially down 5%.  Several hours later at the start of trading in the U.S., markets were only fractionally down and rebounded shortly thereafter.  As a rebuke to all those pundits prognosticating on the outsize impact of the election outcome on the financial markets, Mr. Trump would probably say, “Wrong, wrong, wrong!”

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