The market is terrified of a Trump Presidency. Its not that some of his economic proposals are bad, they are not. It’s the threat of a global recession inspired by his tough trade stance that unnerves financial markets. I also think its naive to think the Chinese will back down much under pressure. They are a very proud people who can endure more suffering and loss of life than Americans would tolerate. Don’t get in a shoving match with a crowd. 1 out of 6 people on the planet are Chinese.
Shares stumble as polls indicate that presidential race is tightening
Source: Jump in Bond Yields, Chance of Trump Win Hammer Stocks – Barron’s