Regardless of who you may be supporting in the U.S. General Election, you have to be aware of the impact it will have on the U.S. Stock Market and around the world. Just this morning, the internal rebellion at the FBI and compelling new evidence has forced the hand of FBI director James Comey to reopen the investigation on Hillary Clinton. As soon as it was announced, the stocks market dropped more than 130 points and the Pesos devalued against the dollar immediately. This was a result of just the announcement!
One has to wonder, if Donald Trump is elected over Hillary Clinton, will the stock market collapse? Will the market collapse regardless of who wins? We should all keep a close eye out over these last 12 days and not lose sight on how this will impact everything economically. Check out how Hillary Clinton addresses the issue today. How she reacts may be critical.
With the distractions of the media and the U.S. election brewing, many things have been happening behind the scenes. Many big banks around the world are taking a hit and the forecast is looking worse than our last recession. HSBC is close to a stock sell-off, Deutsche Bank is in deep debt on their balance sheets, and plenty more. Another financial disaster is definitely on the way, The question is, how serious will it be for businesses and the economy as a whole?