On Halloween, I couldn’t yet see how it would happen, but it looked like the stock market was telegraphing Trump would win the election. Now, Trump’s path to victory is looking clearer and clearer in the polls:
“The S&P 500 and Nasdaq Composite Index fell for a 7th straight day on Wednesday as polls showed Democratic nominee Hillary Clinton’s lead over Republican rival Donald Trump narrowed, and the Federal Reserve left interest rates on hold. For the S&P 500 SPX, -0.65% it was the longest streak of declines since Nov. 25, 2011. …”
What’s causing the jitters on Wall Street? Maybe it is BREXIT X 5?