09 Nov 2016 A Stunning Rebuke of the Status Quo
Posted at 10:18h
in The Friday Brief
Donald Trump's victory proved a shock to pollsters, gamblers, and stock & bond traders. Stock futures swooned 4.5% last night, but have since mitigated most of their losses. As of this writing the S&P 500 is down only 0.5%. On the bond side, fears that Mr. Trump's...