Investors should brace for a further slump in global stock markets, the US dollar and most commodities if Republican candidate Donald Trump becomes the next US president, as appeared increasingly likely on Wednesday. "Foreign markets, particularly emerging markets, would take most of the brunt. These are markets that rely more on selling to us than us selling to them." As the chance of a Trump upset grew, global markets plunged, with some losses eclipsing the carnage seen after Britain's shock vote to leave the European Union in late June. "The markets will tank and then, those around Trump who have reasonable minds will script him with some pablum for the markets and calm them.
Source: dna November 09, 2016 05:40 UTC