Donald J. Trump defines the American success story. Throughout his life he has continually set the standards of business and entrepreneurial excellence, especially in real estate, sports, and entertainment. Mr. Trump built on his success in private life when he entered into politics and public service. He remarkably won the Presidency in his first ever run for any political office.
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A graduate of the University of Pennsylvania’s Wharton School of Finance, Mr. Trump followed in his father’s footsteps into the world of real estate development, making his mark New York City. There, the Trump name soon became synonymous with the most prestigious of addresses in Manhattan and, subsequently, throughout the world.
Mr. Trump is also an accomplished author. He has written more than fourteen bestsellers. His first book, The Art of the Deal, is considered a business classic.
Mr. Trump announced his candidacy for the Presidency on June 16, 2015. He then accepted the Republican nomination for President of the United States in July of 2016, having defeated seventeen other contenders during the Republican primaries.
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On November 8, 2016, Mr. Trump was elected President in the largest Electoral College landslide for a Republican in 28 years. Mr. Trump won more than 2,600 counties nationwide, the most since President Ronald Reagan in 1984. And he received the votes of more than 62 million Americans, the most ever for a Republican candidate. These voters, in delivering a truly national victory and historic moment, rallied behind Mr. Trump’s commitment to rebuilding our country and disrupting the political status quo that had failed to deliver results.
Mr. Trump won, in part, because he campaigned in places Republicans have had difficulty winning—Flint, Michigan, charter schools in inner-city Cleveland, and Hispanic churches in Florida. He went there because he wanted to bring his message of economic empowerment to all Americans. Millions of new Republicans trusted Mr. Trump with their vote because of his commitment to delivering prosperity through a reformed tax code, an improved regulatory environment, and better trade deals. President Trump’s victory has brought Americans of all backgrounds together, and he is committed to delivering results for the Nation every day he serves in office.
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President Trump has been married to his wife, Melania, for twelve years, and they are parents to their son, Barron. Mr. Trump also has four adult children, Don Jr., Ivanka, Eric, and Tiffany, as well as nine grandchildren.
NEW YORK, Oct 18 (Reuters) - Less than a month before the U.S. congressional elections, data suggests equity options traders do not view the election as a big catalyst for setting the direction of U.S. stock market in the immediate aftermath of the vote results.
Political control of the U.S. Congress will be up for grabs on November 6 and should Democrats take the U.S. House of Representatives away from Republicans it could hinder President Donald Trump’s political agenda.
“We are not seeing market participants hedge for midterms or discuss it explicitly,” said Peter Cecchini, chief market strategist at Cantor Fitzgerald in New York, adding that election uncertainty is discussed, even if it isn’t translated into trades.
If Democrats win the House or Senate next month, nearly every aspect of Donald Trump’s presidency could face swift examination from his long-elusive tax returns to possible business ties with Russia and conflicts of interest, congressional sources say.
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Such potential change has increased talk of policy adjustments or whether Democrats would try to remove Trump from office.
“If investors actually believed that, there should be a meaningful volatility premium,” said Andrew Scott, head of flow strategy & solutions at Society Generale in New York.
“And there isn’t.”
The shape of the volatility term structure, calculated from prices of options with different expiration, and reflects the market’s expectation of future stock gyrations, suggests investors are not overly concerned, Scott added.
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