Much of the Unites States, and the world, was in shock following the results of the presidential election on Tuesday. Donald Trump is officially going to be our next president, a reality that has brought as much surprise as it has protest and celebration in the time since being announced.
The financial world may have felt the largest immediate impact. The Dow Jones Industrial Average, for example, fell tremendously overnight with the news before readjusting back to 18,589.69 points soon after. In comparison to the election’s other potential outcome, the Dow actually increased by 371 points on Monday with the expectation of Hillary Clinton’s victory that never came to be.
For fashion, the reactions towards Trump’s presidency were met with mixed reviews. Avid Clinton supporter, Diane von Furstenberg, and Tory Burch are two of many trying to cope with the situation constructively amid the unfavorable result.
“Today is the first day of our lives. We must believe that our future is in our hands,” she stated. “More than ever, we must believe in good and the good of people. More than ever, we must study, learn, be open-minded, be generous and have compassion.”
“Now more than ever a time to bring the country together,” stated Burch.
However, not every shared their optimism. Public School designer, Dao-Yi Chow, quickly took to social media to voice his displeasure.
“The bubble finally burst and I woke up today to see what a dream I’ve been living. But thank you America for the wake-up call,” he said. “Thank you for setting the record straight. Thank you for smashing the grace and beauty I grew up around so I could see how much work I have to do to educate my children so they don’t get lulled to sleep like I did.”
With sides both supporting and against Trump, there are also many who are just happy to see the election come to a close.
“For the past two years, we have all been going through an incredibly negative and divisive campaign. Needless to say, it has been distracting and I am happy it’s over,” stated chairman and chief executive officer of the J. Crew Group, Mickey Drexler. “We can now focus on getting back to business – onward and upward.”
“Just having the election over will be good for business. Neither candidate was popular. I think people are going to start to feel better now that it’s over,” stated Allen Questrom. He would go on to add that he was happy with Trump winning as he believes “we need a change in the way Washington has been operating.”
Though unfortunate for those in favor of Hillary Clinton’s presidency or against Donald Trump’s, the hope is that much of the United States can move forward with their lives either believing in our new president’s plan or continuing to fight for the reforms they want to see.