Discussion»Questions»Finance» According to billionaire Sir Richard Branson if Trump is prez the stockmarket will take a steep dive and the dollar will be devalued. Why?
There is a tiny bit of merit to his claim. In general, financial markets are averse to risk, and HRC is perceived to be a less "risky" President than The Donald.
But major market moves are the collective result of millions of individual decisions, and I don't think it's at all clear that millions of individuals will all react the same way to an (unlikely) Trump presidency.
Mahalo for your reply OS. I feel better hearing that. We are not in the stock market but whenever it tanks we get very nervous! :)
This post was edited by RosieG at October 25, 2016 10:28 AM MDT
OldSchoolTheSKOSlives 