They said he couldn’t win. They said the markets would tank if he did.
Trump did. Markets didn’t.
In what could only be termed a stunning (stock) rally after a stunning (election) victory, at this writing, U.S. equities are up 70 basis points pretty much across the board, as measured by Standard and Poor’s 500 Stock Index, the tech-heavy Nasdaq and the Dow Jones Industrial Average.
Quite a reversal, considering that, overnight, various futures across various exchanges were pointing toward losses at the open at 4–5 percent.