I was actually discussing with a friend as to whether we should buy some counters in the stock market prior to the election results - because a Clinton win would probably lead to a (slight) increase, whereas a Trump victory would send global stock markets plummeting.
Well, at this point (Trump:Clinton is 264:215 at time of publishing), it is safe to say that we'll most likely be seeing a Trump presidency. As it is, here's what markets have already done:
- S&P 500 Index futures slide as much as 5 percent
- FTSE 100 Index futures drop 3.4 percent
- MSCI Asia Pacific Index drops 2.6 percent
- Mexican peso tumbles as much as 12 percent, breaching 20 per dollar for first time
- Japanese yen climbs versus all major currencies
- Euro, Swiss franc rise at least 1.7 percent
- Gold jumps 3....
