Most people tend to believe that one person is not able to make such a big difference in the world. Well, this belief may be long lost nowadays and especially with the United States 2016 Elections. Donald Trump triumph has not only made a difference in the United States stock market, but at the same time it has made such an impact globally. The three aspects that were mostly affected globally were the exchange rates, the stock market, and the future of the country. Miriam explains that “During uncertain times, investors tend to look for safer investments titles. They then start leaving countries that are having difficulties, unsterilized their applications, and starts buying dollars to be able to invest in other main countries.” (Leitão). One is to actually question the
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Along with the dollar being cheaper it tends to bring more tourism, purchases, and imports, whereas, with the dollar being more expensive it tends to create restriction into the foreigners’ budget. The country of Brazil is a great example of that reaction. For example; throughout the years of 2010-2013 the Brazilians were purchasing lots of merchandise in the country and investing into the United States, but during the remaining months of 2013 through the beginning of 2016 when the dollar started becoming more expensive, the Brazilians started to invest less in the United States. Take for instance; the dollar exchange rate compared to the Reais just days before Trump got elected it was calculated at R$3.2095, but just one day after Trump got elected into office the difference of the dollar went up to R$3.37 (G1, em São Paulo). If somebody were to ask why was this reaction possible, then the Brazilian Newspaper O Globo is calling it “The Trump Effect.” The Trump Effect is way more than just an exchange rates effect. The Trump Effect
Along with the dollar being cheaper it tends to bring more tourism, purchases, and imports, whereas, with the dollar being more expensive it tends to create restriction into the foreigners’ budget. The country of Brazil is a great example of that reaction. For example; throughout the years of 2010-2013 the Brazilians were purchasing lots of merchandise in the country and investing into the United States, but during the remaining months of 2013 through the beginning of 2016 when the dollar started becoming more expensive, the Brazilians started to invest less in the United States. Take for instance; the dollar exchange rate compared to the Reais just days before Trump got elected it was calculated at R$3.2095, but just one day after Trump got elected into office the difference of the dollar went up to R$3.37 (G1, em São Paulo). If somebody were to ask why was this reaction possible, then the Brazilian Newspaper O Globo is calling it “The Trump Effect.” The Trump Effect is way more than just an exchange rates effect. The Trump Effect