If "It's the economy, stupid"....Trump wins?

chucknorris

Superscrooge wrote: »

FTSE is actually UP........ at the moment!

It was only slightly positive, the ftse 100 was about 1.72 % down at one stage, markets usually completely over react to elections, so it is usually a good time to invest. We could do with it staying low for a few months as we would like to invest some released property equity into the ftse.

The ftse 250 has been even more volatile this morning, having been down about 2% at one point, but currently up over 0.2%!

EDIT: Makes me wonder how much the market would have been up with a Clinton victory.

Superscrooge

Although Trump has won the election. One thing I haven't heard any political commentators mention is that more people voted for Clinton than Trump! ...............Not that this is any consolation for Clinton!

http://www.nytimes.com/elections/forecast/president

chucknorris

Superscrooge wrote: »

Although Trump has won the election. One thing I haven't heard any political commentators mention is that more people voted for Clinton than Trump! ...............Not that this is any consolation for Clinton!

http://www.nytimes.com/elections/forecast/president

They kept going on and on about it as the election unraveled, saying that Trump was going to win, but that it was quite likely that Clinton could win the 'popular vote' despite losing the election. The ftse looks about to go into positive territory again.

Conrad

Superscrooge wrote: »

FTSE is actually UP........ at the moment!

A key argument I gave during the debate was that the UK will be even more an investor haven in view of America and European uncertainty

mayonnaise

Conrad wrote: »

A key argument I gave during the debate was that the UK will be even more an investor haven in view of America and European uncertainty

Conrad mate, the thing with you is whatever happens, it's going to be wonderful for post-brexit UK plc.

Conrad wrote: »

I've said for a while Clinton is a gift for the UK economy

Conrad wrote: »

Clinton should be good for UK plc.

At least you're consistent. :rotfl:

Conrad

chucknorris wrote: »

It was only slightly positive, the ftse 100 was about 1.72 % down at one stage, markets usually completely over react to elections, so it is usually a good time to invest. We could do with it staying low for a few months as we would like to invest some released property equity into the ftse.

The ftse 250 has been even more volatile this morning, having been down about 2% at one point, but currently up over 0.2%!

EDIT: Makes me wonder how much the market would have been up with a Clinton victory.

I've long said with either Clinton or Trump in charge the UK will benefit for differing reasons.


The UK is more a safe haven than ever. EU is reasonably likely to fall apart.


Clinton was planning big corporate tax rises btw

Conrad

mayonnaise wrote: »

Conrad mate, the thing with you is whatever happens, it's going to be wonderful for post-brexit UK plc.


At least you're consistent. :rotfl:

Yes, because as I've been at pains to point out, our safe haven status has become magnified lately what with so much uncertainty in the US, EU and elsewhere. I said this would happen during all those pre-referendum debates.


That's why I used the 'Tiger in the West' descriptor - strong, nimble, adaptive (no, not endangered, before you say it)

wotsthat

Conrad wrote: »

Yes, because as I've been at pains to point out, our safe haven status has become magnified lately what with so much uncertainty in the US, EU and elsewhere. I said this would happen during all those pre-referendum debates.

That's why I used the 'Tiger in the West' descriptor - strong, nimble, adaptive

There's uncertainty in the US, EU and elsewhere so investors are drawn to the UK where there's also quite a bit of uncertainty? Don't get the logic.

chucknorris

Conrad wrote: »

I've long said with either Clinton or Trump in charge the UK will benefit for differing reasons.


The UK is more a safe haven than ever. EU is reasonably likely to fall apart.


Clinton was planning big corporate tax rises btw

The market would be well up today if Clinton had won. But I'm in 2 minds where I want the market to be, fair enough we have a lot invested in the market now, but we don't have any intentions to withdraw that for quite some time. Perhaps more important for us, is that we have much more yet to invest, after disposing of property in the near future.

antrobus

A_Medium_Size_Jock wrote: »

...The only thing I would add is - that in the USA it is more about money.
The deepest pocket is the one most-likely to win, by the simple expedient of affording a better campaign via publicity.

Enough said, then.

According to OpenSecrets;

Clinton: CANDIDATE COMMITTEE MONEY: $497,808,791
Trump: CANDIDATE COMMITTEE MONEY: $247,541,449

Looks like Clinton had the 'deepest pockets'. Presumably she must have spent it on all the wrong kind of things.