Search This Blog

Wednesday 9 November 2016

The End and the Beginning of a New Era

So, I guess many watched and keep a close look at the presidential voting results in the USA and we have a winner. Though against what I think should have been a landslide victory, I still must respect the voters choice because after all, the winner claims that the elections are rigged. Let see if the first 100 days will be what he promised to be a different president to the people. Indeed, what a commander-in-chief America gets and Obama's works are going down the drain as what the Democrats have been trying to do for a long well. What is interesting enough to note, will he attempt to put Clinton in jail for the emails just to get back at her? I doubt so but this is someone who has an unpredictable mentality and mindset and I guarantee that we will see sniping remarks of him on Obama just for his own ego.


Sources from AP


So, reality sets in, and markets we risk off (meaning, money goes into less risky assets) The JPY and CHF are typical safe havens for money during times when people feel unstable about such as the Global Financial Crisis (GFC) and now DJT (Donald. J. Trump) see what that relates? Well, I'm not saying that the GFC is approaching but rather uncertainty is here. USD is definitely not a currency to hold in the near term and we shall see the event if something like Brexit happens which is a market selloff for 3 days followed by 1 month of market rally and 2 months of market stability. It is indeed surprising for many but definitely not for voting Americans because though tight, the spirit of their elections will be to concede and move on from there.

We see Hang Seng Index, Nikkei, Sensex in the green from a slight rally earlier this morning to end in the red nearing to close. Europe started out on a negative note and US futures index are moving into the same situation going into NY opening later tonight. Asia Futures market are in the green, probably due to some value hunting but how the NY market goes most likely will translate into the Asia market going into tomorrow morning.

Already, now futures are paring losses and that looks rather interesting. One thing that wouldn't change for the next two days would mostly likely be volatility. We can see some movements going both ways again until things settles down and perhaps a new president calming markets.

I believe the slight shocks will eat into the risk off mentality due to the uncertainty and we would see US markets behaving rather on a more defensive note where most people take out some of the money. Perhaps this is an opportunity to look towards US companies during this correction and keep these highly value but discounted companies, keeping in mind the Forex Exchange will also play a part in this.

What is next for America? Unknown and uncertain for sure. Will have have a great wall appearing soon? Will there be a war? What will happen to TPP? What will really benefit the Americans? Will there really be jobs? One thing for sure is that Obamacare is going to be re-written and New Tax policies are going through endless changes. Interesting to know more about the relations with China and Russia going forward but do stay tune because the reality hit TV show of the US Presidential Candidate will be showing live soon Season 2 on all broadcasting channel.

Just a food for thought-Imagine all previous America's President coming together and taking a picture at their yearly convention. It would be really funny and awkward to see all these people coming together. It does sound interesting what might happen but boy these voters do sound like they are angry and they want to do politicians a favor by giving them more work to do other than just internal strife.

Murphy's Law: Anything that can go wrong will go wrong

1 comment:

  1. 50Invest with 0$ and get a returns of 5,000$ within seven business working days.
    Why wasting your precious time online looking for a loan? When there is an opportunity for you to invest with 500$ and get a returns of 5,000$ within seven business working days. Contact us now for more information if interested on how you can earn big with just little amount. This is all about investing into  Crude Oil and Gas Business.

    Email: totalinvestmentcompany@gmmail.co

    ReplyDelete