Donald Trump Has Caused A Historic Drop In The Stock Market

[Yo_Mama_Been_Loggin]

Shortly after the first presidential debate, former Obama adviser David Axelrod said on CNN that the commander in chief “can send armies marching and markets tumbling.” 

Investors, it seems, are being reminded of this as polls show Hillary Clinton’s numbers dropping. The S&P 500 was down Friday for the ninth straight day, something that hasn’t happened since 1980. “The U.S. elections are the elephant in the room for markets,” Julius Baer’s head of research Christian Gatticker told Bloomberg. Donald Trump is still a long shot, consistently trailing Clinton in key swing states, but the stock market seems to be evaluating his odds for what they are: a low, if real, chance of economic harm.

Deporting some 11 million undocumented immigrants, building a wall along the border with America’s third biggest trading partner, starting a trade war with Mexico and China that would destroy 4 million U.S. jobs: These are all deeply harmful economic policies.
 
Moody’s says Trump’s policies would throw the U.S. economy into the longest recession since the Great Depression. Citigroup thinks a Trump win could cause a global depression. By a different measure, Trump in the White House would cause the American economy to shrink by $1 trillion over five years, according to British research firm Oxford Economics.

http://www.huffingtonpost.com/entry/donald-trump-is-hurting-the-stock-market_us_581d2a55e4b0aac624849fa9

Yeah thanks asshole. My retirement accounts have taken a big hit over the last week and a half.

[TrekLuver]

1. You know how I saw this portrayed...when it's down the new person gets elected...except this time

it's down because of the new guy!!! They left that part out.

[JHan]

2. His Econ plan is the greatest pile of BS ever witnessed in an election

[RKP5637]

3. And the Deplorables don't give a damn, too stupid to get what's going on. n/t

[MichMan]

4. More historic than 2008????

Trump may very well be bad for the markets, but I don't see a very strong correlation at this time like in the OP. Markets tend to have fluctuations for a myriad of reasons. As someone who will be retiring in 6 yrs or so, I hope this doesn't turn out to be correct.

It will be a moot point since he wont be elected, but as people well remember, the market plummeted thousands of points leading up to the election in 2008 and it had nothing to do with President Obama and everything to do instead with the banksters and the sub prime mortgage crisis.

[calguy]

5. I've been trading stocks over 15 tears and I predict

A monster rally following Hillary's landslide victory. I'm loading up on my long positions this week and expect big profits as the market recovers all of its losses and more very quickly.