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After the 2016 US election, there were reports of two very contrasting stock trades.
Probably the most famous is George Soros. He bet on a Hillary Clinton win and lost over $1B in the days after the election results.
In contrast, Carl Icahn (who was an economic adviser on the Trump campaign) immediately went out to buy stocks after the election. And two days later, he had netted over $700M in profit, according to Bloomberg.
Now, obviously, we aren’t billionaires to be making those kinds of trades. But the election does evidently offer some very interesting trading opportunities.
Of course, there is nothing that will guarantee a trade will work, but here are some important considerations for setting up your investments ahead of November 3.
The November Surprise
The “October surprise” is a well-known phenomenon in politics. It is a last-ditch effort to change the outcome of the election.
But for the markets, the result of the election is always a matter of uncertainty. ...
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