Another year has passed: Innovative Securities became 8 on Monday (28th November). During 2016 we had two main goals. The first was to keep up our brand defining high quality of service. The other aim was to start some new developments. We believe we’ve succeeded in both.
The global markets got a good shake up lately. We wrote about how Trump’s win on the US elections changed the markets several times already. Stock markets surged, oil is skyrocketing and there are other interesting effects. Investors’ safe haven, gold on the other hand, did not rise in the last weeks and that could be good news.
Since Donald Trump has won the U.S. election and became president-elect, eyes are on the markets to see how the world reacts. So far, investors are mostly optimistic. Stocks surge, banks are having a good time and other industries have a bright future too. What are the details and reasons behind all this?
To the surprise of investors and markets Donald Trump beat Hillary Clinton to be the 45th president of the United Stated. The win was against the polls so markets (and USD) reacted nervously with some rapid falls. There’s no need to panic though, because analysts have expected 5-10% corrections regarding the S&P500 index due to a Trump victory, and 5% plunge was seen in the futures market after the news came out. During the early European trading session most of the price fall has been eliminated. What’s more, Trump’s triumph speech was rather calming.
Investors would prefer Hillary Clinton’s win on the presidential election today as it would mean a well-known business environment in the future, turned out on Monday. Bloomberg wrote about how the wealth of the richest people grew $35.4 billion after the markets speculated Clinton’s win on the election today, and they had some good reasons for the rapid growth.