Money, Digitally Speaking

With Comment

Intro: About the Election

By Eric Peters Chief Investment Officer One River Asset Management

Pollsters predicted the tightest race in modern history, between two candidates with wildly divergent policies. Which means few portfolios were positioned strongly in one direction or another. So, with Trump winning resoundingly, the only thing we can be sure of is that the price of just about every financial asset is wrong. The only question is how many months of buying and selling will it take to bring these prices into alignment with our new reality. Because of course, when the world changes abruptly, such moves don’t happen in a week.