The big crash is postponed. The FBI has stopped the investigation against Hillary Clinton. Two days before the election. Now nothing stands in the way of their victory. The exchanges are already celebrating this with good day wins. I am convinced that the election of Trump will not be a black swan for world economy.
If Trump wins he should first initiate investigations against the FBI themselves, their director and his accomplices. On the flip side, how do you know that the election of Hillary will postpone the big crash or even remove the possibility of it altogether? Markets are evidently smelling easy money, but wouldn't that bring crash even closer to reality? Something like wild merry dancing on a volcano?
The market is simply making back the losses since Comey announced prematurely that the FBI was looking at Clinton's emails again. If you look at what that did for Trump, it improved his chances of winning from the low 20 percent to mid 30 percent range. That's a huge swing. The increased likelihood of a Trump win caused investors to flee to safety because one thing that smart money knows is that Trump would be a disaster for the economy. As Trump's odds have fallen back down, money is flowing back into the market. That's what the big rally today was.