November 2016: Donald Trump
On 8 November Donald Trump surprisingly wins the US presidential election. He wins 306 electoral votes and Hillary Clinton 232, but gets only 46,2% of the popular vote versus Clinton’s 48,3%. Election polls and investors expected Clinton to win. In the initial market shock reaction Dow futures fall 800 points and the S&P 500 by 5%. European stocks fall and Japan’s Nikkei stock exchange closes 5.4% lower. … more