Categories: FinanceNews

Dow Jones Responds Negatively To FBI Investigating Clinton Emails Again

The US economy is facing a lot of difficulties as it is. Political campaigns are not helping matters by any means, as they only seem to impact things in a negative manner. Now that the FBI is once again looking into Hillary Clinton’s emails, US stocks have taken another big hit. This is not a promising sign for the future, but things will most likely carry on like this for quite some time to come.

Politics And Finance Are Linked In Many Ways

It is not hard to see how politics can influence the financial sector and vice versa. Things are only getting progressively worse over time, though. The US presidential election has been the cause of many debates already, and things have taken a turn for the worse. Hillary Clinton’s emails remain of keen interest to the FBI, who are are once again looking into the digital breadcrumbs.

When that news was picked up by mainstream media outlets, the Dow Jones immediately reacted. A downtrend became apparent on the charts, and the biggest drop resulted in a loss of 125 points. When all was said and done, the Dow recovered the majority of losses, but this does not immediately put the minds of investors at ease.

To put this into perspective, a lot of financial experts are hoping for a Clinton victory. If Donald Trump were to become the next US president, all hell would break lose, and the economy would almost certainly collapse sooner or later. While Clinton may be the lesser of two evils, her becoming President does not bode well for the US economy either.



Related Post

Other assets are seeing a reverse trend as a result of this new FBI investigation. Gold has been on the rise, as more investors try to hedge against an even more volatile future. The US Dollar sees a small decline, although the overall bull trend is far from over. Alternative financial solutions, including precious metals and Bitcoin, are becoming far more appealing every day.

While it is commendable to see the FBI investigate Clinton’s emails again, the bigger question is what, precisely, are they looking for. If this were a matter of small-scale fraud or illicit behavior, it would not warrant an official investigation. This news seems to indicate that something very suspicious is going on, and with the election just over a week away, it could swing the balance of power.

Bitcoin remains unaffected by most of these political games, though. While the value of Bitcoin has been on the rise in recent weeks, no one is exactly sure why this has happened. There are many possible reasons, although it is doubtful that US elections will ever have any significant impact on the BTC value.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

2 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago

Solana Data Insights: App Revenues Hit $193.5M in August, Up 126% YoY

Solana’s app economy posted another breakout month. Total application revenues surged to $193.5 million in…

4 days ago

Sharps Technology Aligns with Bonk for Treasury Staking and Solana Growth

Sharps Technology (NASDAQ: STSS) is making a major move in the Solana ecosystem. The company,…

4 days ago

Understand AR In the Context of LivLive’s Game Layer for Reality Ecosystem

LivLive is redefining augmented reality (AR) gaming by turning real-world actions into measurable value for…

5 days ago