In reality, markets blasted 10% up from the moment it was clear . The box shows the election results date.
A similar event happened when Brexit happened... the panic the event caused was an excellent 'buy on dips' event for smart money.
There is nothing wrong with an "expert" being wrong. Everyone is wrong sometime or the other (this includes calling someone an expert).
The problem is in following an expert and making the assumption that he/ she knows everything.
On a related note, we now have DOW above 20K... an all time first... thanks to Trump?
A similar event happened when Brexit happened... the panic the event caused was an excellent 'buy on dips' event for smart money.
There is nothing wrong with an "expert" being wrong. Everyone is wrong sometime or the other (this includes calling someone an expert).
The problem is in following an expert and making the assumption that he/ she knows everything.
On a related note, we now have DOW above 20K... an all time first... thanks to Trump?
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