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CBN News - Money Wise - Audio Podcast - How Wall Street Predicted a Trump Victory

How Wall Street Predicted a Trump Victory

11/21/16 • -1 min

CBN News - Money Wise - Audio Podcast
Watching the stock market before and after this years presidential election was a little confusing. The markets seemed to favor Hillary Clinton, spiking when she did well in the polls and plummetting when Donald Trump was declared President-elect. However, in the days after the election, the markets soared! Why did the markets get on board with Trump so quickly? Why didn't they favor him from the start? How can we read the changes we see happening in the markets? CBN News Financial Editor Drew Parkhill answers those questions and more in this weeks episode of CBN News Money Wise.
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Watching the stock market before and after this years presidential election was a little confusing. The markets seemed to favor Hillary Clinton, spiking when she did well in the polls and plummetting when Donald Trump was declared President-elect. However, in the days after the election, the markets soared! Why did the markets get on board with Trump so quickly? Why didn't they favor him from the start? How can we read the changes we see happening in the markets? CBN News Financial Editor Drew Parkhill answers those questions and more in this weeks episode of CBN News Money Wise.

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