US Elections and the Global Stock Market
The beginning of this month saw a paradigm shift among voting tendencies of the American people. As the economic epicenter of the global and world leader in policy, any changes in the American markets certainly feel a powerful ripple overseas. As we saw in the economic meltdown, the world economy is an ecosystem. When the most powerful presence in the world trade system suddenly taking a hit, in what began with the housing crisis and quickly spread to major flaws in the financial sector, the entire rest of the world soon found itself in an equally critical free fall. With the Dow Jones dropping and stocks reaching record lows, shareholders not only in the United States but far and wide soon felt the effects of money tightening, or in worst cases disappearing entirely. Conversely, a healthy United States makes for a generally healthy world, not to say the US is immune from financial crisis elsewhere. Read the rest of this entry »
