Markets React In Response To US Election Results
Markets generally prefer certainty. So when news broke that Donald Trump had won the US election, the markets went crazy. There was an 800 point drop in U.S. stock futures.
After Trump gave his acceptance speech, the markets seemed to steady a bit. Still, many economists are predicting that this election will bring about a global recession. We walk through the market reaction and the economic uncertainty with John Authers, the Senior Investments Commentator for the Financial Times.