Here’s the most underpriced event of the market this year and how to prepare for it

SINGAPORE (Aug 13): It’s true they say that stock investors have a short-term memory. While Brexit may have come as a rude shock to them, it turns out they aren’t pricing in the possibility of Donald Trump as the new US President either.

“Trump becoming president is perhaps the most under-priced black swan event of 2016,” says Jeffrey Halley, senior market analyst at Oanda Asia Pacific.

“The market hasn’t priced in anything other than a Clinton victory. This is a mistake. The election will be much closer than anyone at the moment seems to think.”

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