With the US’ presidential election on November 8, and a series of elections and other political decisions fast approaching in Europe, now is a good time to ask whether the global economy is in good enough shape to withstand another major negative shock. The answer, unfortunately, is that growth and employment around the world look fragile. A big adverse surprise – like the election of Donald Trump in the US – would likely cause the stock market to crash and plunge the world into recession.
Republican presidential nominee Donald Trump is fighting to raise doubts about Democratic rival Hillary Clinton as she struggles to get past a new firestorm over her emails that have posed a sudden danger with eight days to go until Election Day.
Pictured is a home displaying signs supporting US Republican Presidential candidate Donald Trump and criticizing Democratic Presidential candidate Hillary Clinton in Bellmore, US on Saturday.
Silicon Valley, the hub of the US tech industry, is traditionally a Democratic political stronghold.