Modern Trader readers predict election results
A Modern Trader/Futures Magazine/Survey Monkey snap poll of 943 active and professional investors conducted over 48 hours ending Nov. 6, found that the majority of active investors expected a Trump victory. They also said that a Trump victory will result in an equity market decline over the 90 days following the election.
Trump: 56%, Clinton 44%
The active investors that participated in the Modern Trader/Futures Magazine/Survey Monkey snap poll are:
- Male (93%), over the age of 30 (97%)
- Active traders (82% trade weekly, 53% daily…72% are individual traders, 28% are industry professionals)
- Educated (81% have college degrees, 45% have post-graduate degrees)
- High-income (74% have annual incomes exceeding $100K)
The majority of active investors polled intended to vote for Trump…
(Trump: 61%, Clinton: 26% Johnson 5%, Stein 1%, None of the above 7%. The survey has a 3% margin of error.)
The conventional wisdom was that active investors and market participants preferred Hillary Clinton over Donald Trump to maintain the seven-year stock market advance that began in 2008 and took out prior highs in 2013. According to our election eve survey – that is only partially true.
Despite their support for Trump, the majority of active investors polled expect that a Trump victory will result in an equity market decline over the 90 days following the election, and expect the market will respond more favorably to a Clinton win…
(Down less than 5%: 22%, Down more than 5%: 42%) (Down less than 5%: 13%, Down more than 5%: 21%)
Most interesting were responses to whether this election been good for America? Here's what respondents had to say.