In short US will go to polls on November 8, 2016. And results will be announced on November 9, 2016.
The contest is between Democrat Hillary Clinton and Republican Donald Trump. Whoever wins the election, will become the 45th President of the United States of America.
Frankly most Indians business houses favor Democrat Hillary Clinton to win the election because she is pro India and pro-business. No one knows about Donald Trump, so they do not want anything unknown to happen.
But we all know it is not in our hands or hope just like speculators traders trade in stock markets on hope. It is in the hands of what most Americans want and vote for – just like stock market trading where only that things happens what most people want not what you or me want.
That’s a major reason why speculators lose money and well planned traders make money.
One point which is bothering most India market investors is that former secretary of state and Democratic presidential candidate Hillary Clinton’s double digit lead has somewhat eroded after the Federal Bureau of Investigation (FBI) announced fresh investigations into emails allegedly linked to her use of a private server. I am sure you all must have read this in news too.
When will the next US President be announced?
270 votes are need to win the US Presidents post. Whoever gets it wins. Due to a lot of scandals going on there is a chance that counting may happen again. Whatever most likely the winner will be declared by 4 am GMT (9:30 am IST), on November 9, 2016 when the polling will close in all states aside from Alaska. But Alaska does not have much voters to change the winner.
All this will be known by the world by media but the formal announcement will be done when vice-president Joe Biden will announce the Electoral College vote most probably on January 6, 2017.
India markets will do whatever they want from November 9, 2016 to November 25, 2016. After that things will become normal.
Most likely if Democrat Hillary Clinton is announced the winner, Indians markets will surly go up and if Republican Donald Trump is announced the winner markets all over the world will take it negatively.
So what to trade now?
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