All over the world stock markets have wobbled as investors seek the best place to put capital should Donald Trump become the next U.S. president. But, one analyst has explained to CNBC a simple short term trading strategy in the event of a Trump win.
"You think about where the (Mexican) peso goes. You buy Swiss francs and gold if you think Trump's going to win. It's a really easy strategy, actually," according to Peter Toogood, managing director of investment at consultancy The Adviser Centre. The Swiss currency being seen as a safe haven in times of economic stress.
"Short the peso, go long gold and Swiss franc – you've got your perfect 'Trump is elected' strategy," he told CNBC Wednesday.
Toogood also advised that short term investors could prefer to just hold cash and stay on the sidelines while the election unfolds.
On a (Hillary) Clinton victory, Toogood said when an incumbent party wins the U.S. election, markets do tend to move higher but this time could be different.
"There is a myth running around that lots of people aren't in equities, there is a myth running around there is lots of cash hanging around on the sidelines," he said.
"Neither of those two factors are true," he added.