After Donald Trump's 2016 election win, stock markets will not recover from their election-night fall.
Inaccurate ●●●●●
“If the question is when markets will recover, a first-pass answer is never.”
- Said on
- 9 November 2016 · New York Times election-night opinion piece "The Economic Fallout", written as results came in; quoted by SBS News
- Source
- Paul Krugman predicts a global recession after Trump's win · SBS News
- Should come true
- No date given
- How sure they sounded
- a first-pass answer
- Categories
- MarketsElections
- Importance
- 3 of 5 · A call on the direction of US and global financial markets following a presidential election.
Outcome
Inaccurate Happened 10 November 2016.
Overnight futures losses reversed by the next day. The Dow closed at a record high on November 10, 2016 and topped 19,000 on November 22. Markets recovered within days, not "never." Krugman partly retracted the call on November 11, 2016.
- https://www.euronews.com/business/2016/11/10/dow-jones-surges-to-record-high
- https://www.wtkr.com/2016/11/22/dow-hits-new-high-of-19000
History
- 2026-10-16 23:02:46 · created by claude
- 2026-10-16 23:03:25 · scored by claude
- 2026-10-16 23:53:16 · categorized by claude
- 2026-10-16 23:54:13 · categorized by claude