ELECTION RESULTS AS WE JUST
MENTIONED MARKETS OVERSEAS
REACTING TO THE LATEST ELECTION
RESULTS WHICH WE WHICH ARE AT
THIS POINT IS DOWN TO THE WIRE.
SO LET'S BRING IN GREG SWENSON
A FOUNDING
PARTNER AT BRING MCADAM TO
DISCUSS WHAT'S GOING ON A
GLOBAL MARKETS, GREG GREAT TO
HAVE YOU WITH US ON THE SHOW.
HOW WOULD YOU DESCRIBE SO FARM
MARKET REACTION ABROAD TO THE
U.S. ELECTION. SO FAR.
>> WELL IT'S IT'S BEEN
VOLATILE. THOSE A LOT OF FUN
LAST NIGHT. I'M HERE IN ONE, SO
WE WERE YOU KNOW WE'RE 5 HOURS
AHEAD SO IT WAS KIND OF A LATE
NIGHT DRAMA OR CALL EARLY
MORNING DRAMA. AND LOOK AT I
WOULD
JUST SUGGEST YOU KNOW TO BEING
CAREFUL IN THIS MARKET, YOU
KNOW WE WE SHOULD EXPECT
SOME VOLATILITY WITH WITH
POTENTIAL, YOU DIFFICULTY WITH
MAKING IT. YOU KNOW BRINGING
CLARITY TO
THE ELECTION. SO IT SOUNDS LIKE
THERE WILL BE SOME THERE COULD
BE SOME LAWSUITS.
IT ALSO IT ALL DEPENDS OF
COURSE ON ON THE OUTCOME OF BY
THE END OF TODAY ON SOME OF
THESE STATES STARTERS, YOU
KNOW STILL UNCLEAR BUT UNLESS
WE GET SOME REAL CLARITY ON IT
YOU KNOW WE COULD SEE SOME
VOLATILITY. THE NEXT
FEW DAYS. I THINK YOU KNOW THE
VIX IS DOWN AT 30 WAS UP TO 40
YOU KNOW FOR 5 DAYS AGO, SO IT
MIGHT BE
AN OPPORTUNITY TO TO BUY
VOLATILITY. WRAPPED AROUND 30
AND SO I WOULD JUST BE CAREFUL
IN THE NEAR TERM AND IF
ANYTHING BUS INVOLVED.
>> ALL RIGHT GREG, LET'S FAST
FORWARD A LITTLE BIT TO WHEN WE
WILL HAVE THE DECISION SO THE
OPPOSING A COUPLE HYPOTHETICALS
HERE LET'S SAY PRESIDENT TRUMP
REELECTION THAT IS A KNOWN
FACTOR IN SOME WAYS IT
IS SAD. QUO WE'RE CONTINUING TO
SEE A SPLIT CONGRESS BUT WE
KNOW HE HIMSELF AS A PRESIDENT
IS TO MULCH WAS CHANGES HIS
MIND ON CERTAIN TOPICS THAT CAN
IN FACT GLOBAL MARKETS, WHAT
DOES A TRUMP PRESIDENCY
ACTUALLY MEAN FOR GLOBAL
MARKETS.
>> WELL I THINK YOU SAW IT LAST
NIGHT I MEAN WHEN YOU WHEN IT
LOOKED LIKE BIDEN
WAS WINNING EARLY YOU SAW SORT
OF YOU KNOW YOU SAW A FLIGHT TO
SOME OF THE SOME OF THE STOCKS
THAT COULD REALLY BENEFIT FROM
WHICH WOULD CLEARLY HAVE A
BETTER PASSAGE WITH THE BIDEN
WHITE HOUSE. BUT THEN WHEN
TRUMP WON FLORIDA, YOU SAW A
RALLY AROUND TECH STOCKS WHICH
HAVE BEEN YOU KNOW THE
OBVIOUSLY RALLYING ALL YEAR.
SO THERE WAS A BIT OF A PILE ON
BUT AGAIN I JUST BE CAREFUL THE
NEAR TERM AND NOR YOU BRING UP
A GOOD QUESTION WHAT DO YOU
THINK ABOUT THE LONG TERM IF
IT'S TRUMP IN THE WHITE HOUSE.
I THINK YOU CAN ASSUME THAT
THEY'LL BE A STIMULUS
PACKAGE, BUT IT WILL BE
RELATIVELY MODEST COMPARED TO
WHAT A BIDEN
AND HARRIS WHITE HOUSE WOULD
PUSH SO I THINK YOU KNOW YOU
AND ALSO THE TRUMP
WHITE HOUSE, YOU HAVE TO THINK
MORE LONG TERM BECAUSE I
BELIEVE I'M CONFIDENT THAT THE
TRUMP ECONOMY IS BETTER FOR THE
REAL ECONOMY
BIDEN STIMULUS YOU KNOW WHILE
TRUMP HAS BEEN GREAT FOR THE
YOU KNOW WITH PLENTY OF HELP
FROM THE FED AND
THE TREASURY I I WOULD ARGUE
THAT THAT BIDEN WOULD WOULD
ACTUALLY PUSH THROUGH A BIGGER
STIMULUS PACKAGE SO IN THE
NEAR TERM WE'RE NEAR TO MEDIUM
TERM YOU'RE GOING TO SEE A REAL
LIST FOR FOR EQUITIES
BECAUSE OF ADDITIONAL STIMULUS
AND I THINK THE MARKETS REALLY
LIKE STIMULUS WHY WOULDN'T A
BUTTON IN THE
LONG TERM YOU THINK ABOUT THE
REAL ECONOMY AND I THINK THE
BUT IN BUT IN AND POLICIES
WOULD ACTUALLY HURT THE REAL
ECONOMY IN THE LONG TERM SO
ULTIMATELY THAT WOULD HAVE AN