Watching the market’s reaction to the surprise Donald Trump victory over the last week has been a lot like riding Space Mountain. The first fourteen hours had a 1,000-point swing in the Dow, a phenomenon we wrote about last week.
Watching the election results I am overcome with a feeling of déjà vu. The Brexit vote was a shock for many of the same reasons as tonight’s results are a shock – the polls predicted a Clinton victory just as a Brexit Stay victory was predicted.
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