Reopening of Clinton E-Mail Scandal Turning Markets Muddy

The reopening of the Clinton FBI investigation ahead of next week's election is making things much too muddy for the markets. Despite this, the markets are still anticipating a Hillary Clinton victory and will digest the victory well, according to Barness. He expects stocks to show some volatility either way in the run-up to the vote - as people are curious about whether or not the election will be a clean sweep. And what if Donald Trump surprises the pundits and the polls and wins on November 8th? "A Trump victory will cause severe volatility and we'd probably see a market sell-off. The markets will absolutely be hit by a Trump victory," said Barness. As for the overall market, Barness said this year has been incredibly challenging for all managers due to the lack of clarity. In 2017, the big macro-themes Barness will be following closely are European stabilization, monetary policy, and the inflated value of the equity markets.