X On Friday, the non-partisan Brookings Institution released a paper which describes the expected impact of the outcome of the 2016 U.S. presidential election on the global financial markets, reports the Huffington Post. Authored by the University of Michigan's Justin Wolfers and Dartmouth College's Eric Zitzewitz, the piece notes, "...we estimate that market participants believe that a Trump victory would reduce the value of the S&P 500, the UK, and Asian stock markets by 10-15%, would reduce the oil price by $4, would lead to a 25% decline in the Mexican Peso, and would significantly increase expected future stock market...
