Sunday, November 27, 2016

Trump's victory and some of my thoughts

So it was a battle between Donald Trump Hillary, and Trump won the election. He will be removing TPP on his 1st day of his office on 20th of January 2017.

What I learned during this transition part, The election took more than 18 hours. People are expecting Hillary to win the election.

Gold dropped, CCA, a private jail company's stock went up, US Steel went up as he pledged to build more infrastructure in US and some other commodities stock went up.

Apparently the stock market didn't crash, instead, it bounced back quickly after and went even higher than before.

Majority of the currencies in Asia were hardly hit. Especially Malaysia ringgit.

I started to look for export companies to US in Malaysia, e.g. Top Glove, Hevea, Tguan. etc.

Gold went the other way round because USD strengthen as money from negative interest regions is being pushed back to USD.

I wonder what I would do differently?

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