Imperium Capital Publication

Viewpoint – November 2016

Throughout October, all eyes were on the build-up to the US election. Markets broadly followed the ebbs and flows of each candidate’s campaign momentum. As such the announcement that the FBI was to re- open its investigation into then candidate Hillary Clinton’s email account led to a wave of risk adverseness and portfolio hedging throughout global markets. The S&P 500 index lost 1.9% over the month, whilst European stocks lost 1.0%.