Election Anxiety Pushes Global Markets Off A Cliff

[riversedge]

Source: Reuters





11/01/2016 01:51 pm ET | Updated 3 hours

Carlo Allegri / Reuters

NEW YORK, Nov 1 (Reuters) - Global equity prices and the dollar fell sharply on Tuesday as investors sought safe havens amid mounting uncertainty about next week’s U.S. presidential election.

.........................

MSCI’s 47-country “All World” index was down 0.4 percent, dragged down by weakness on WallStreet.

The S&P 500 dipped ..............



“There is some anticipation that the markets have built in a Hillary victory, and that a Trump victory is going to roil the markets,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “And that’s why we’re seeing the market sell off here, because some of the poll numbers have tightened up over the last week.”


....................
.......................

European shares fell for the seventh straight session. Standard Chartered shares fell more than 5 percent after underwhelming results.

.......................

A Clinton win is generally seen by analysts as likely to be a positive for the dollar. But news lastweek that the Federal Bureau of Investigation was probing newly found emails related to Clinton’s use of a private server continued to shake traders’ confidence in the outcome of the election.........................

Read more: http://www.huffingtonpost.com/entry/wall-st-losses-election-jitters_us_5818d47be4b064e1b4b50ec2

---

[Warpy]

1. Another present from Comey

although I wouldn't call a 100 point loss on the Dow "falling off a cliff."

Everybody seems to know that a Trump presidency would be a disaster for all world markets. The USA is still an economic powerhouse, the BRIC nations not ready individually or collectively to take over.

In addition, everybody expects massive political instability with a Trump win.

Let's hope the Chicken Littles are outsmarting themselves again instead of presaging a stampede away from American currency and securities a week from tomorrow. If Trump gets in, that will happen, even if he is prevented from taking office.

And we can all thank Comey for it, along with the crooked, corporate controlled media.

[Plucketeer]

2. Trump will be ecstatic

The world suffers and he sees it as an opportunity!

[Ligyron]

3. Fucking Comey...

What a jerk.

If he was as honorable and as concerned about his reputation as he claims to be - he ought to shoot himself in disgrace leaving a suicide note mentioning Trumps Russian connections.

Metaphorically, I mean ...

[elmac]

4. The Trump Effect, or, Comey Effect, same, same

[groundloop]

5. There's a little blue pill that can help with erection anxiety.

Oh, you said ELECTION anxiety...... never mind.