Wednesday, November 9, 2016

CNN: Global markets tank as U.S. election results shock


As Donald Trump made a stunning advance toward the White House, investors around the world reacted with shock.

Global stock markets sank, the Mexican currency tanked, and U.S. stock futures plunged. Dow futures have plummeted more than 800 points, or 4.4%. That puts the U.S. market on track for its biggest percentage decline since August 2011 when they plunged 5.5% after the U.S. credit rating was downgraded.

Stock indexes across Asia were also deep in the red. Japan's Nikkei plummeted 5.5% and the Hang Seng in Hong Kong dropped around 3%.

Markets hate uncertainty -- and many investors believe Trump's unpredictable nature and anti-trade stance could bring lots of global turmoil if he wins the presidency.

"Shock and awe would aptly describe movements of global markets right now," said Matt Simpson, a senior markets analyst at ThinkMarkets.

Stock futures really began tumbling after 9 p.m. ET as it became clear that Hillary Clinton's chances of winning crucial states such as Florida, North Carolina and Ohio was in serious doubt. She would later lose all three to Trump.

"It is looking like another Brexit-type surprise," said Ryan Detrick, senior market strategist at LPL Financial. "The fear of uncertainty is taking fold, as the potential for a Trump victory has many taking a sell first and ask questions later approach."

By comparison, the Dow fell 610 points, or 3.4% on June 24 after the shocking Brexit vote to leave the European Union.


Clinton won the popular vote?


Looks like Clinton will win the popular vote despite losing in electoral college (Los Angeles Times link): Votes are still being counted across the country, but it appears Democratic nominee Hillary Clinton could win the popular vote, while President-elect Trump wins the electoral college and thus the White House.

At 5 a.m. on the West Coast, the Associated Press showed Clinton with 59.16 million votes nationally, compared to Trump's 59 million votes.

If that holds true as the remaining precincts report their ballots, it would mimic the 2000 results, where Democrat Al Gore narrowly won the popular vote, but George W. Bush won the White House.

Mod: I guess what this means is that Donald Trump will have been elected by an antiquated institution known as the Electoral College, and not the American people. 

sierramadretattler.blogspot.com

121 comments:

  1. He'll make America Great Again!

    ReplyDelete
    Replies
    1. No, America is already great. The chances are he will make things worse.

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    2. Accept the process, if it were turned around, would you still complain? You know she was so scared thru the whole campaign because there was so much pumping her up and so little that she has really done except for herself and her wild family. Now she can run the Clinton Foundation, maybe even be first female President of that...

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    3. 4:17, I know this won't come easy to a Trump follower, but try for graciousness in victory.

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    4. Trumpies have anger issues. They think acting out is liberty.

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    5. As I watch the riots all over the Country, I wonder who has anger issues. I also wonder about the snowflakes who need special treatment. So sad for our Country.

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  2. The last popular vote loser who was put into the presidency by the Electoral Collage was George W. Bush. That worked out well.

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  3. His followers are a cult and he is their moonbeam.
    Terrifying.
    And his cabinet:
    very, very terrifying.

    More lies and self centered behavior

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    Replies
    1. 53 million followers

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    2. Fewer than Clinton.

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  4. He will go on trial for his defunk school
    And a rape accusations.

    What about that?
    More Donn Drama.

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  5. My president is the candidate the majority of the American people voted for.

    ReplyDelete
    Replies
    1. Someone needs to read the federalist papers

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    2. Somebody needs to recognize that the vote of the people is sacred. Two good reasons why the Electoral College must go.
      1) George W. Bush
      2) Dumbass Trump

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  6. I feel for any American citizen that is not straight, white, male, and Christian.

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    Replies
    1. I feel for the polar bears and up til now protected places. They will all be toast in 4 years.

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    2. The National Resource Defense Council might have some stalling tactics to use.

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  7. Trump voters have a large streak of narcissism. All they care about is their anger and themselves. Fat overaged infants.

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    Replies
    1. If I don't get what I want, I'll start calling names and hurling slurs. Then I'll riot and burn.

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  8. Women are now going to worry about being grabbed and what they can do now in society.

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    Replies
    1. Women will have to wait a little longer. We are not yet a civilized country.

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  9. The United States of America had a good run.

    Welcome to Morning in 'Murica….

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    Replies
    1. We'll see just how much like Caligula he turns out to be.

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    2. It was a nice country while it lasted.

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    3. It may last for four more years, and then the passions of the ignorant may cool. What Trump does may be undone.
      When did education become a bad thing for a person to have?

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    4. A nice long Bush style recession will slap it out of the damn idiots.

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  10. Shades Of 2000? Clinton Surpasses Trump In Popular Vote Tally
    http://www.npr.org/sections/thetwo-way/2016/11/09/501393501/shades-of-2000-clinton-surpasses-trump-in-popular-vote-tally

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  11. It is now time as a nation to try and work together, this is not going to be easy. I have a Trump Stomach, depression, anxiety, churning stomach and concern for our way of life. I didn't sleep well.

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    Replies
    1. I worry for all those people who had health care plans that will now disappear.

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    2. Big Pharma is doing the happy dance this morning. Oh, and get ready for SSI and Medicare cuts.

      Trump's win just made these investors richer
      http://www.usatoday.com/story/money/markets/2016/11/09/trumps-win-just-made-these-investors-richer/93537212/

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    3. Big Pharma has their parties in Dubai. Just sayin'

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  12. Well all I can say is "Don't be worried this is the same America we have always lived in"
    "Tuesday was a wake up call, a stark reminder that there is more for you to do. It will be the job of those Americans who do not agree with Trump and his surrogates, now more than ever, to combat the deluge of bigotry that’s been left in the wake of his ridiculous campaign trail. There are no more excuses".

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    1. True, 7:26.
      I think this would be easier to take if the polls hadn't been so entirely misleading.

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    2. Many polls were actually right. Clinton did win the popular vote.

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    3. All of the polls had Clinton winning the presidency. They were flat out wrong.

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    4. Clinton won the popular vote. Trump was not elected by the people. Nobody has to recognize him as being a legitimate president.

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    5. All of you talking about the popular vote clearly were sleeping in Civics class we live in a Constitutionally Limited Republic not a Democracy. Small d democracy but a Republic, Capital D democracy is mob rule that is not he basis of our country. Go read some books you numbskulls

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    6. Time for a change. This country can no longer afford to allow red state rubes and crackpots to select its leaders. California voters were disenfranchised yesterday. Their votes didn't count, even though they put Clinton over the popular vote top. People are not happy. To call democracy "mob rule" is an ugly slur.

      Trump victory sparks angry protests across California: 'Not my president'
      http://www.latimes.com/local/lanow/la-me-ln-protest-trump-20161109-story.html

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    7. Your post is disgusting.

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  13. Good Morning; it's a wonderful day.
    Congratulations Mr. Trump, Mr. President.
    Republicans keep control of House snd Senate.
    This is good and productive.
    Washington D C is a mess. Drain the swamp.
    Americans are real tired of hearing empty promises and then left with more being taken out of our pockets and no jobs.
    The Stock Market will be fine. It was hedged on a Clinton bet. Now, the "markers" are being called from all the IOU's.
    Make America Great Again.
    Congratulations President Trump.

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    Replies
    1. 7:53, I hope you're right. Time will tell.

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    2. 7:53 is an uninformed idiot. A prerequisite for being a Trump supporter.

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    3. A conservative supreme court, no ability for women to choose whether they want to have abortions or not, no credibility given to women who come forward to call out a sexual predator...kind of grim for the ladies.

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    4. America haters worldwide celebrate.

      Russia's Putin pleased as Trump win shocks world
      http://www.cnn.com/2016/11/09/politics/us-election-the-world-reacts/

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    5. Will we hear from Kim Jong Un soon? Maybe he'll send a note via carrier missile?

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    6. 7:53. Can you please respond with your education level ? You know, just respond with the level of school you completed. If it was 5th grade, just respond with 5. High school would be 12. I'm doing an analysis of education level for the typical dump supporter.
      Thanks

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  14. I wonder which grown ups are going to work in / run the Trump administration. Most of the Bushies are alienated.

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    Replies
    1. Ghouliani and Newt Gingrich to start. To serve in the Trump administration you will need to have been divorced at least twice and be currently married to a woman half their age.

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    2. Our hopes for sane and good government are in the hands of Trump's advisors.

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    3. That might be an oxymoron.

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  15. Bigotry? That's from the Party of the "left", always playing the race, religion, gender fear smear. The Party of Emancipate ... Won.
    Now the hard work begins. Working for choices in the types of Education, de regulations, closing loop holes created for those that were voted into office. Restore Health Care. Keep jobs in this Country. The lists go on and on.
    This is history, this is the Peoples Revolt.

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    Replies
    1. Go curl up behind your wall and take a nice long nap. Restore health care. Is that the euphemism for Trump's plans for big cutbacks to medicare?

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    2. Jeez, that would be great. This idiot 1 percenter is going to do that?

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    3. Yup. Trump lied.

      Trump Campaign: Maybe We’ll Cut Social Security After All
      http://www.slate.com/blogs/moneybox/2016/05/12/trump_advisor_says_he_might_social_security_and_medicare.html

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  16. So Trump is going to say it was rigged?

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  17. The US military industrial complex, Wall Street and Big Oil are vying to buy the presidency
    A dummies guide to who might own the White House
    https://medium.com/insurge-intelligence/who-will-own-the-white-house-57c1e95c101c#.lbqyisol9

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  18. Its not difficult to become a "first" Female President, it will happen.
    Personality is a BIG plus.
    Accountability
    Credibility.
    Honesty.
    Transparency.
    Accomplishments.
    * Vision for America

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    Replies
    1. Must be one of those sexist double standards you hear so much about. Trump has none of those.

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  19. 8:21 It works, I did the same with Obama; didn't listen to any lengthy speaches tried to ignore all the Golfing and Global Family Vacations.

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  20. 8:32am. The Bush and Clinton Dynasties are out; but Iam sure Chelsy will show up down the road in the future.

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    Replies
    1. Her opponent? Donald Trump Jr.

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  21. We are asked to be gracious in our win. Does that apply to losers? Or is it the same old same old with you guy. Even now, you call us names. You belittle, make nice remarks, etc. What group is keeping this divisive? Popular vote was not a landslide. Can you not put aside your hate for all of those so-called stupid voters and kohl-aid voters who voted and try to come together for a common goal? Can you accept the challenge to wait and see? The electoral college is there for a reason. Do any of you know why? Doesn't sound like it.

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    Replies
    1. I can use a laugh. Why in your opinion does the Electoral College exist? How does it make things better?

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    2. America's outdated Electoral College
      OCT. 20, 2008

      On Dec. 15, the United States will endure a quadrennial ritual born in the economics and politics of slavery and the quill-pen era. Members of the Electoral College are scheduled to meet in each of the 50 states and the District of Columbia to formally choose the next president.

      There is no real doubt about how the electors will vote, but it is disturbing that they have any role at all in making this vital choice in the 21st century. The Electoral College is more than just an antiquated institution: It actively disenfranchises voters and occasionally (think 2000) makes the candidate with fewer popular votes president. American democracy would be far stronger without it.

      There is no reason to feel sentimental about the Electoral College. One of the main reasons the founders created it was slavery. The Southern states liked the fact that their slaves, who would be excluded from a direct vote, would be counted - as three-fifths of a white person - when Electoral College votes were apportioned.

      The founders also were concerned, in the day of the wooden printing press, that voters would not have enough information to choose candidates. It was believed that it would be easier for them to vote for local officials, whom they knew more about, to be electors. It is hard to imagine that voters thought they did not know enough about Barack Obama and John McCain by Election Day this year.

      And, while these reasons for the Electoral College have lost all relevance, its disadvantages loom ever larger. To start, the system excludes many voters from a meaningful role in presidential elections.

      If you live in New York or Texas, for example, it is generally a foregone conclusion which party will win your state's electoral votes, so your vote has less meaning - and it can feel especially meaningless if you vote on the losing side. On the other hand, if you live in Florida or Ohio, where the outcome is less clear, your vote has a greatly magnified importance.

      http://www.nytimes.com/2008/11/20/opinion/20iht-edelect.1.17997223.html

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    3. Vamanos con El Trumpo!November 9, 2016 at 9:21 AM

      Yeah. The voters in LA, SF, NYC and Chicago should pick every president.

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    4. Do you feel that people who live in large cities are somehow inferior to the folks from small towns?

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    5. Vamanos con El Trumpo!November 9, 2016 at 9:29 AM

      no way. I am with you. we city dwellers who went to fancy schools know best and correctly look down on the racist/sexist rubes who work blue collar jobs in Ohio, Wisconsin, PA, NC, SC, Michigan, West Virginia, etc.

      Let's do away with the Electoral College so we can really stick it to them. Maybe they won't notice.

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    6. @9:23 I think you got it backwards. The whole reason we have the Electoral College is to avoid the tyranny of the majority. The systems is designed so a large block of smaller states can have a say and potentially elect the President opposed to having it dictated by a few large population centers.

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    7. Tyranny of the majority? You mean where people get to vote in places like California and it actually counts?

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    8. Vamanos - I think David Duke agrees with you. See below.

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    9. @ 9:48 They did get to vote. Look at the electoral map - CA, NY, IL is 104 Electoral College votes that essentially means the smaller states started off 104 votes in the hole vs large population centers. I know emotions are running high this morning but that is the math and the logic behind it and why it exist. The system worked by design, which us a good think it means the Republic is strong.

      The great American patriot Benjamin Franklin was asked, upon his emergence from the Constitutional Convention in Philadelphia in 1787, what form of government the United States was going to have. Franklin answered succinctly, "A Republic, if you can keep it."

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    10. Clinton got more votes than Trump. California put Clinton over the top in the popular vote category. This state was disenfranchised. Wyoming (as an example) with its three electoral votes proportionally gets more representation in the EC than California does with its 55. The Electoral College is an antiquated holdover from the days when America had slaves. We are still laying a high price.

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    11. @10:06 not correct each State gets 2 Senators, Wyoming gets 1 member in the House of Reps. and CA has 53 I believe. So Wyoming is not overly represented. I really feel you should spend sometime better understanding how our system of government works.

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    12. You need to look up the word " proportionally" and once you understand what it means do the math.

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    13. America is not a proportional system. This isn't Europe

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    14. You missed the point. But only by a mile.

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  22. I feel like my pussy has been grabbed.

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  23. Read It Can't Happen Here by Sinclair Lewis and Men Kampf. America as we know it is gone. The KKK and NRA won last night.

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    Replies
    1. David Duke: Trump win a great victory for 'our people'
      http://www.politico.com/story/2016/11/david-duke-trump-victory-2016-election-231072

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    2. 921-class act!fyi history will remind you that the KKK was founded by lineral democrats in the South!

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    3. Yes, who lately have found the GOP to be far more accommodating.

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  24. 9:26A Duke speaks for no one and shouldn't even be considered. The electoral college is in place to make sure that smaller states are heard. Stop trying to find the negativity in every single thing. We can face every important challenge together.

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    Replies
    1. Pretty embarrassing for you, eh? If Duke doesn't matter, why does he get so much press?

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    2. 10;46a You're asking me why he gets so much press? Ask yourself! Do you think the media has your best interest at heart? The press hopes people like you will think it matters. You're the one who should be embarrassed.

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    3. Yes. I am embarrassed for you.

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  25. Excutive orders be dammed.
    Constitutional appointments for the Supreme Court.

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  26. Abraham Lincoln and John F. Kennedy both lost the popular vote but prevailed in electoral votes. By any measure, they were both outstanding presidents. Leftist hysteria directed at the Constitution belies their belief that this founding document serves as nothing more than an impediment to their agenda.

    Remember this...the United States of America is the ONLY nation in the history of mankind that was founded on the philosophy of limited government. Anyone who doesn't like the Constitution or its precepts should go live someplace where Leftism is supreme (like almost anywhere in Europe, or perhaps North Korea).

    ReplyDelete
    Replies
    1. Kennedy won both the electoral and popular vote. Look it up. Abe took us to war.

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    2. 11:16. You equate European countries with North Korea. Not too bright you.

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    3. Alt Righters, like most extremists, can only deal in absolutes.

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    4. Uh, isn't that statement absolute?

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    5. When in Rome ..

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  27. This comment has been removed by a blog administrator.

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  28. Back to abortions available only for the wealthy.

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  29. On the bright side, the massive global recession caused byTrump's economic proposals will slow the increase in atmospheric carbon dioxide!

    ReplyDelete
    Replies
    1. It will help pare down on overpopulation as well.

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    2. Hate America Grope Again!

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  30. ‘Yes We Did’: Russia’s establishment basks in Trump’s victory
    https://www.washingtonpost.com/news/worldviews/wp/2016/11/09/yes-we-did-russias-establishment-basks-in-trumps-victory/

    GOP = Party Of Treason

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  31. The election was fair Trump was fairly elected. The problem is with the citizens of this nation.I am ashamed to be an American we have let down not only ourselves and our prosperity but the whole of mankind. The world is a more sinister evil place due to our stupidity. We will get our just deserts.

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    Replies
    1. Clinton received more votes.

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    2. Is that the Mojave or the Colorado desert? Is the Sonoran an unjust desert?

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    3. Snarkin' Grammar Lady alert!

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    4. "The expression meaning that which is deserved was originally just deserts. The phrase is the last refuge of an obsolete meaning of desert—namely, something that is deserved or merited. But because most modern English speakers are unfamiliar with that old sense of desert, the phrase is often understandably written just desserts.Using just desserts is not a serious error, and it is much more common than just deserts in 21st-century texts. Some people still consider it wrong, however. Whether to pay this any heed is for each of us to decide for ourselves."

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  32. Canada's immigration website just crashed
    http://www.businessinsider.com/canadian-immigration-site-crash-election-2016-11

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  33. Islamist extremists celebrate Trump’s election win
    https://www.washingtonpost.com/news/worldviews/wp/2016/11/09/islamist-extremists-celebrate-trumps-election-win/

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  34. Anyone know about the status of MJ in SM? Can we grow it outside etc?

    ReplyDelete
    Replies
    1. I heard a news report that said anyone can grow 6 plants. More than that & you need approval. And you can't sell it.

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    2. It's so nice to cut the drug pushers out of the market.

      Delete
  35. No growing yet. SM laws "Trump" the State law; which does not "Trump" the Federal.
    Better just to tok until the smoke clears on the law. For your Health only: disclaimer.

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  36. 5:59am. Have you tuned into the Larry Elder Show 870 am Radio?

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  37. The Democrats can only blame themselves by nominating Clinton who was distrusted by an overwhelming majority of Americans. She was a retread candidate but fortunately her political career is over.

    Imagine, she gets beat by a black man and then by a racist.

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    Replies
    1. You're an idiot Hillary wasn't 'distrusted' by an overwhelming majority of Americans she won the popular vote.

      what does the black man have to do with your argument

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  38. Imagine that the Country put its support behind the better choice.

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    Replies
    1. It did. Or thought it did. Hillary won the popular vote.

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  39. Hillary didn't the win by much on the popular vote.
    Now her supporters or Bernies supporters are creating a stop traffic on the 101 Freeway in L.A. in protest of Trump as President.
    Majority of the drivers behind the wheel voted for Hillary so they don't mind being late etc.

    ReplyDelete
    Replies
    1. "Hillary didn't the win by much on the popular vote."
      Well, OK. Do the kids on the 101 know you're cool with it? Maybe they'd go home if they did.

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  40. Dear Democrats and Liberals,

    I'm noticing that a lot of you aren't graciously accepting the fact that your candidate lost. In fact you seem to be posting even more hateful things about those of us who voted for Trump.

    Some of you are apparently "triggered". Because you are posting how "sick" you feel about the results.

    How did this happen you ask.

    You created "us" when you attacked our freedom of speech.

    You created "us" when you attacked our right to bear arms.

    You created "us" when you attacked our Christian beliefs.

    You created "us" when you constantly referred to us as racists.

    You created "us" when you constantly called us xenophobic.

    You created "us" when you told us to get on board or get out of the way.

    You created "us" when you forced us to buy health care and then financially penalized us for not participating.

    You created "us" when you allowed our jobs to continue to leave our country.

    You created "us" when you attacked our flag.

    You created "us" when you confused women's rights with feminism.

    You created "us" when you began to immasculate men.

    You created "us" when you decided to make our children soft.

    You created "us" when you decided to vote for progressive ideals.

    You created "us" when you attacked our way of life.

    You created "us" when you decided to let our government get out of control.

    "You" created "us" the silent majority.

    And we became fed up and we pushed back and spoke up.

    And be thankful we did it with ballots, not bullets.

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    Replies
    1. Holy crap you're nuts.

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    2. 7:35 - Sorry, but this is California. Fat whiny white guys don't get a lot of sympathy here.

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    3. Cheers 7:35! The voice of the American people has been heard.

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    4. Unfortunately not. Clinton now leads Pumpkin Spice by over 400,000 votes.

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