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This is bad. Market crash tomorrow if he wins. "If Donald Trump wins the election, kiss your 401(k) goodbye.
That’s the prediction of the world’s largest hedge fund.
On Tuesday, Bridgewater Associates sent out a note to its clients predicting that the Dow Jones Industrial Average could plunge nearly 2,000 points in one day if Trump is elected president. That would be the biggest one-day slump in stock market history, by more than double, besting the 777 point plunge that happened on October 29, 2008, at the high of the panic surrounding the financial crisis. The drop would translate into a 10.4% dive, and immediately send the stock market into correction territory.
That would erase nearly $1.9 trillion in value from U.S. stock market portfolios.
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