Traders work on the floor of the New York Stock Exchange, Nov. 7, the day after President Barack Obama won re-election. The Dow Jones fell 313 points, or 2.4 percent.(Allison Joyce/Getty Images)
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.