Global markets are freaking out right now, because Trump

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Donald Trump’s surge in the U.S. election on Tuesday night sent markets around the world spinning sharply downward.

Trump’s position on global trade — primarily, that the U.S. should do less of it — has caused concern about what that’d mean for a global economy that’s been in a state of sluggish growth.

As Trump surged in Tuesday night’s election returns, the markets tanked. Like this:

Dow Futures: Investors were preparing for a significant decline in U.S stocks at the mere idea of Trump being elected. Dow Jones futures went down as much as 700 points, as of 10:28 PM EST.

The Peso: The Mexican currency dropped sharply, on fears that a Trump presidency will hammer the economy, particularly if the U.S. withdraws from major trade agreements. Read more…

More about Election Day 2016, Donald Trump Jr., Election 2016, and Business
Source: Mashable

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kellhub
Kelly is a shy and lifestyle blogger addicted to new things, a die hard ManUtd fan, loves music and a good dancer but also a terrible singer .......winks.........

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