THE BIG PICTURE:
A Subtle Election Connection
Hillary Clinton is going to win the presidential election. That is the conventional wisdom these days anyway, which has been forged by a series of polls skewing in favor of Mrs. Clinton beyond the reported margins of error. However, what if those polls prove wrong? Obviously, it would mean that Donald Trump would be the next president.
Please hold your political feedback fire - we certainly don't take positions when it comes to politics.
Our job is to analyze the capital markets. Accordingly, any foray into the political arena on this page relates only to the impact political considerations appear to be having on the market.
what we see in the market right now implies either that the market isn't totally convinced of the election outcome or that it isn't totally convinced anything really positive will come from the election.
*** remember our motto ..?! " when in doubt stay out "
of course it's the time to use our " IDK # NMT " situation
so, all in all, we won't trade until nov8th.
even The Employment Situation Report for October (Friday, November 4, at 11:30 gmt ) isn't important for us in this days !
**** After the election anything can happen, one thing is sure, it will be very volatile and passionate. !!!
The initial reaction to the election results in our opinion : see chart.