We find ourselves with the unexpected situation where Donald Trump, having emerged as the Republican contender for the office of President, is facing off against Hillary Clinton.
Initially, this was forecast to be an easy victory for Clinton, but like the Brexit vote several months back, perhaps analysts are in for further surprises down the road as polls indicate the two are locked in a tight race nationally.
This has a direct impact on equity markets since the approach of the two candidates are decidedly different, with Trump assumed to hold to the Republican plank for less taxes and less business regulation (the financial sector - banks in particular - would appear to be most sensitive to this election).
https://www.cbsnews.com/news/donald-trump-and-hillary-clinton-locked-in-tight-race-nationally-cbsnyt-poll/
Initially, this was forecast to be an easy victory for Clinton, but like the Brexit vote several months back, perhaps analysts are in for further surprises down the road as polls indicate the two are locked in a tight race nationally.
This has a direct impact on equity markets since the approach of the two candidates are decidedly different, with Trump assumed to hold to the Republican plank for less taxes and less business regulation (the financial sector - banks in particular - would appear to be most sensitive to this election).
https://www.cbsnews.com/news/donald-trump-and-hillary-clinton-locked-in-tight-race-nationally-cbsnyt-poll/