Stock Market Crash Anticipating Trump’s Win: Just Like Reagan
It should not be surprising that anticipation of Donald Trump’s presidential victory caused a 900-point plunge, over several days, in the Dow Jones stock average. Wall Street sent stocks down by over 20 percent after Ronald Reagan won the presidency.
The only Wall Street research and institutional advisory firm that saw a higher probability of a Donald Trump victory was Strategas Research Partners. Their analysts gave a 42 percent probability of a Trump win, due to the FBI’s October 25 reopening of the Hillary Clinton email probe causing her negative ratings with voters to fall to Trump’s negatives. – READ MORE