[quote=AN]I don’t think anyone thinks Wall Street would be OK w/ Trump. Not even Trump’s supporters. That’s the whole point. Trump supporter thinks the system (including Wall Street and the Media) is rigged against them. So, this would just confirm their thinking. As for why Wall Street wants Hillary, it’s all about the devil we know vs the devil we don’t. It’s all about uncertainty that spook Wall Street. Nothing new there.[/quote]
Or maybe that Trump supporters think that the huge bailouts that corporate America gets may end under Trump, or that maybe special interest money that fuels certain industries may get redirected to other special interest groups.
One thing institutional investors don’t like is the unknown (aka devil you know vs the devil you don’t know). To adjust their portfolios they don’t have to move thousands or tens of thousands of shares. They have to move millions – hopefully finding an institutional investor to pick up the shares so they can do the transaction off-market so it doesn’t show as a spike in transacted shares and spook the price (either down or up). Short term market price is not a good indicator of who is best (think voting machine), long term movement/price is (think weighing machine – I can’t claim these terms).
