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How would the markets react if Trump were to say ; " I resign "

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Major crash. Markets do not like unexpected surprises.
beckyromero · 36-40, F
@BizSuitStacy


Markets dropped 1% by the next day, then rose 20% by the end of the year.
@beckyromero what's your point? I stated that markets do not like [b]unexpected[/b] surprises. Remember what happened to the stock market when Hillary lost? Clearly unexpected, the market took a big hit, and liberals went crazy. On the other hand, Nixon's resignation was not unexpected, and the markets adjusted accordingly.

The atomic bomb wasn't exactly a huge surprise. And it was an end to a war that was already in the process of ending. On the other hand, the stock market dropped 5% after the attack on Pearl Harbor - a true surprise. It took the market some time to recover.

The current stock market values are all predicted on future expectations. While many are hopeful that Trump drops dead, there is nothing to indicate a resignation is near.
beckyromero · 36-40, F
@BizSuitStacy

The point is it depends on [b]WHAT[/b] the unexpected surprise is.

Not all surprises are bad news.

[quote]The atomic bomb wasn't exactly a huge surprise.[/quote]

😂 😂 😂 😂 😂

Try telling that to Gen. Douglas MacArthur on August 6, 1945.

Or Vice President Truman just before FDR died that April.
@beckyromero uh huh...the Japanese, Germans and the US all had nuclear programs dating back to the 1930s.
All 3 nations were in a race to develop the atomic bomb. But nobody knew. It was all just a huge surprise. History claims MacArthur actually knew before hand. And yes, Truman was only briefed after FDRs death. But given the amount of counter intelligence around the Manhattan Project...and US counter intelligence knowing both the Japanese and Germans were extremely close to building their own. How much do you really believe of who knew what and when?

Indeed...not all surprises are bad news. Exactly why the markets rebounded so favorably after the initial shock of Hillary's defeat. Still doesn't change the fact that the markets had adjusted to a preconceived Hillary victory prior to the election.

If Trump were to resign there would be the initial shock and market decline. But the business world would not view this positively.
beckyromero · 36-40, F
@BizSuitStacy [quote]the Japanese, Germans and the US all had nuclear programs dating back to the 1930s. ... both the Japanese and Germans were extremely close to building their own[/quote]

Neither the Japanese or the Germans were close to splitting the atom.

The "surprise" was that it was achieved. No one knew it would work until Trinity

[quote] History claims MacArthur actually knew before hand. And yes, Truman was only briefed after FDRs death.[/quote]

If you want to consider hint a week before is "knowing before hand."

The War Department sent Brigadier General Thomas Farrell to brief MacArthur on the atomic bomb at the end of July 1945, basically to direct forces under his command to stay clear of targets by the 20th Air Force (which was[u] not[/u] under MacArthur's command). Then, on August 7th, a day after Hiroshima, MacArthur received a full briefing on the Manhattan Project by Dr. Karl Compton, a member of the president's advisory committee on the Project.