trump presidency: Here the latest addition to the list Donald Trump victory on Tuesday, which some analysts are calling an orange swan event for emerging markets, according to The Japan Times. Trump election was unexpected, and investors were unprepared for it the kind of event that economists liken to seeing a black swan for the first time and it has caused stock markets to tumble from Mexico City to Seoul. Big swings have been a hallmark, caused by everything from the 1994 tequila crisis where Mexico devalued the peso to Russia default on its debt in 1998. As investors try to piece together what a Trump presidency will mean for stocks, a growing consensus is that emerging markets will be some of the biggest losers, at least in the short term. The largest exchange-traded fund that tracks emerging-market stocks sank 2.6 percent Wednesday, when the S&P 500 index of U.S. stocks jumped 1.1 percent. Funds devoted to emerging market-stocks tumbled after the election, even while stocks in the United States were surging.
(news.financializer.com). As
reported in the news.
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