The Election Of Donald Trump Is Already Having An Enormous Impact On The Economy

11/16/16

The election of Donald Trump has sent shock waves through the U.S. economy and the U.S. financial system. Since November 8th, the Dow has hit a brand new all-time record high, the U.S. dollar has strengthened greatly, and bank stocks are way up. But not all of the economic news is good news. Unlike stocks, bonds have reacted very negatively to Trump's election victory. The past week has been an absolute bloodbath for bond traders, and as you will see below, this is going to have dramatic implications for all U.S. consumers moving forward.

Over just a two-day period, more than a trillion dollars was wiped out as bond yields spiked all over the globe. As CNN has noted, this type of "violent reaction" in the bond market has only happened three other times within the past 10 years...

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