That's good 'reason' for news headlines, but not reality. Portfolio re-balancing and re-positioning after political events is standard affair in the world of finance. What newspapers portray as fear is actually greed - If you're long time frame trader, the election is bollox. If you're swing trade, you're in wait and watch mode to buy in. If you're a day trader in these violent illiquid low volume market, you're probably going nuts.
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That's good 'reason' for news headlines, but not reality....
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