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Markets mobilize as Donald dominates
Episode 485
Published 2 years ago
Description
The next President of the United States is... Donald Trump. Will the White House's new resident shake up the stock market? In the short term, it's anyone's guess. However, a study—whose origin I must confess I've misplaced—reveals that in the last 10 U.S. presidential elections, Wall Street has risen 9 times, boasting a median gain of 17% a year later. For now, Trump's victory has sent ripples through global financial markets.
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