BrExit in the UK caused the £ to fall against the $ sharply and has stayed in decline ever since... the London Stockmarket slumped, but then recovered quickly afterwards
I just used a bookmaker to bet on the Brexit result and made a bit of money - I wish I had played the financial markets instead and made some big money... possibly even being able to hedge it so I wouldn't lose much if things went the other way?
No doubt the markets are already factoring in what might happen in the US election (USD/GBP, Dow, Nasdaq, S&P trending downwards all week) but there will definitely be far more significant movement when the result is finally announced...
My guess (and please correct me if I am wrong) is:
- a Clinton win will be seen as a return to the establishment and business as usual... which will keep the markets steady and eventually cause them to rise slightly?
- a Trump win will be a shock to the system and create deep uncertainty... which will hit the Dollar and the Stockmarket hard?
Will the Dollar drop against more feminised countries like the UK, and rise against more masculine countries like Russia?
Will the price of Gold/Silver be affected much?
What is the best way to minimise risk and maximise profit from what might happen?
I just used a bookmaker to bet on the Brexit result and made a bit of money - I wish I had played the financial markets instead and made some big money... possibly even being able to hedge it so I wouldn't lose much if things went the other way?
No doubt the markets are already factoring in what might happen in the US election (USD/GBP, Dow, Nasdaq, S&P trending downwards all week) but there will definitely be far more significant movement when the result is finally announced...
My guess (and please correct me if I am wrong) is:
- a Clinton win will be seen as a return to the establishment and business as usual... which will keep the markets steady and eventually cause them to rise slightly?
- a Trump win will be a shock to the system and create deep uncertainty... which will hit the Dollar and the Stockmarket hard?
Will the Dollar drop against more feminised countries like the UK, and rise against more masculine countries like Russia?
Will the price of Gold/Silver be affected much?
What is the best way to minimise risk and maximise profit from what might happen?