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How will the markets behave if Trump wins the presidency?

It's rather a shocking possibility. But this article in NYT shows that it can indeed be a really scary prospect with severe global implications. And it's not some scary thoughts being peddled.

Assume, for a moment, that Donald J. Trump wins the presidency.

But what exactly happens the day after? To markets? To the economy?

The conventional wisdom is that, right off the bat, the stock market would fall precipitously. Simon Johnson, the Massachusetts Institute of Technology economist, posited that Mr. Trump’s presidency would “likely cause the stock market to crash and plunge the world into recession.” He predicted that Mr. Trump’s “anti-trade policies would cause a sharp slowdown, much like the British are experiencing” after their vote to exit the European Union.
In explaining his prediction, Professor Johnson wrote that Europe’s economy is so fragile that “Trump’s trade-led recession would tip Europe back into full-blown recession, which would likely precipitate a serious banking crisis.” After that, he continued: “If this risk were not contained — and the probability of a European banking debacle is already disconcertingly high — there would be a further negative spiral. Either way, the effects on emerging markets and all lower-income countries would be dramatic.”
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Global markets will crash and burn on Day One. Also, expect to see a civil war within the Republican party. The honeymoon would be incredibly short, and the people who voted for him as a kind of Messiah to "Make America Great Again" will be worse off than ever. His insane economic ideas would directly and negatively affect them if actually carried out--though he would have to break a lot of treaty obligations that the US has already made.
SW-User
The sad thing is they will rationalize that he is failing due to some sort of global conspiracy and likely double down on their support of him. Such is the way with ignorance and extremism.
@Auberon89: You can't rationalize with these people.
SW-User
It's a pretty horrifying insight into the downsides of human nature
Uhh.. his "insane economic ideas" made him a billionaire.
SW-User
@DominanceMaster: we know he lost a billion. We don't know he made billions. Have you seen his tax returns?
@BigAsset: I own a business, and that's business. Career politicians like Hillary only know how to take someone else earnings without ever knowing how to make a dime. Think about that.
SW-User
@DominanceMaster: I am an entrepreneur myself. I don't stiff people to get rich.
Business is often brutal. You should know this. Working with federal, state, and local law alone is enough to make you drink. I applaud Trumps tenacity and success.
SW-User
@DominanceMaster: I agree. Maybe he should have stuck to that.
SW-User
@DominanceMaster: Seriously? Leveraging your enterprise with 645 million in junk bonds is good business sense? Going into that kind of toxic debt in order to build a casino in direct competition with your other two casinos that are practically next door is good business sense? Give me a break. He's a billionaire because he inherited an empire and he is almost superhumanly gifted at selling crap to suckers. He possesses no management, administrative, microeconomic or shrewd investing skills at all. Even his "brilliant" tax dodges were crafted by other people. If anyone without a mega rich daddy ran their businesses the way he has then they would be broke and up to their eyeballs in debt for all time.