3 election outcomes that could hurt stocks

...don’t rule out a bear market if Clinton loses, warns Don Luskin, chief investment officer at financial research firm TrendMacro. “If Trump wins … stocks will drop at least 20% just like that,” Luskin told USA TODAY. “Because markets hate to be surprised and hate it when the conventional wisdom is dead wrong. Just look at the reaction to Brexit.”

...Violence in the aftermath of the election, if it occurs, is viewed as a short-term hiccup... Adds Luskin: “Markets are not typically rattled by violence in the streets. Remember 1968 — riots, assassinations, shootings all over the world — stocks just went higher and higher, through it all.”

Date: 
Thursday, November 3, 2016
Source: 
USA Today