Markets across the globe are trying to measure the impact of the victory, as pre-electoral polls seemed to point to a Democratic win and the news took U.S. and international investors by surprise.
As we saw with the Brexit vote, markets can react excessively when surprising news first breaks. The wise course of action is to wait, digest the news, and analyze the impact before making any decisions.
That’s what we’ll be doing this week. We urge clients with questions, concerns or just comments to call or email us at any time.
We should all be proud of our great democracy, the freedom of vote and expression we all enjoy, and our country’s respect for the peaceful transition of power – all rare qualities in the world we live in.