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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?
RosieG

According to billionaire Sir Richard Branson if Trump is prez the stockmarket will take a steep dive and the dollar will be devalued. Why?

Posted - October 25, 2016
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Responses


  • 3934
    Meh. Branson is just talking.

    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.
      October 25, 2016 7:54 AM MDT
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  • 113301
    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
      October 25, 2016 10:27 AM MDT
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