美股通常在美国总统选举后上涨，今年也不例外，周二备受关注的选举之后，道琼斯指数在周三早间飙升超过900点。此次股市的上涨导致全球最富有的十个人财富增加了640亿美元。Bridgewater Associates founder Dalio said, "We will have an orderly transfer of power. This significantly reduces the risk."
Billionaire investor Ray Dalio stated that whether Republican or Democrat, everyone should feel relieved about the election results, as a decisive outcome is good news for the market.
The founder of Bridgewater Associates said in a LinkedIn post on Wednesday, 'All Americans should be happy, we will have an orderly transfer of power. Phew! This significantly reduces risks.'
US stocks usually rise after the US presidential election, and this year is no exception. After the highly anticipated election on Tuesday, the Dow Jones Industrial Average soared over 900 points on Wednesday morning. This stock market rally resulted in an increase of $64 billion in wealth for the world's ten richest individuals.
However, Dalio's concerns about market health stem from the aftermath of the 2020 presidential election when Trump strongly denied Biden's victory. Due to a large influx of mail-in ballots caused by the COVID-19 pandemic, the vote counting took a long time, fueling Trump's erroneous belief that absentee and mail-in voting were fraudulent, leading Trump to incite a riot led by his followers at the US Capitol on January 6, 2021.
The atmosphere after this year's election is markedly different. After Trump was declared the winner of the presidency, Harris conceded to him, mentioning the importance of peaceful transfer of power in a phone call on Wednesday.
Before the election, Dalio - who held a skeptical view of both presidential candidates - expressed concerns about the possibility of orderly transfer of power, especially in the scenario where Trump might lose, at the FutureChina Global Forum in Singapore on October 18.
Dalio said, 'If Trump narrowly lost, I can almost say (whether there would be a riot) was a fifty-fifty chance, but if Trump won, that's a different story. So, if you put the two together, it's probably a one-third probability.'
Other business leaders also breathed a sigh of relief for the same reasons after the election. Jim McCann, founder and chairman of 1-800-Flowers, said that the clear election results mean consumers will not be distracted by the fraudulent discourse that dominated the 2020 election.
McCann said, "As a retailer, especially a retailer that sells a large number of gifts for Thanksgiving and Christmas, if this draws people's attention, from a selfish perspective, it will harm our business."
