Cuban: There is 'no doubt in my mind' the market will crash if Trump wins

Before you go, we thought you'd like these...
Before you go close icon

Mark Cuban is bearish on the stock market in the event of a Trump presidency.

In an interview with Fox Business' Neil Cavuto on Tuesday, the investor and reality-TV star said that the uncertainty from a win by Republican presidential candidate Donald Trump would cause a collapse in the stock market.

Cuban previously expressed this view, but he reiterated it in Tuesday's interview.

"In the event Donald wins, there is no doubt in my mind the market tanks," Cuban said.

Cuban has not been a fan of Trump for some time, most recently tangling with both the candidate and his lawyer over whether Trump was trustworthy. Cuban has also endorsed Trump's opponent, Democratic nominee Hillary Clinton.

In fact, Cuban said that if Trump were to win, he would "put a hedge on" that is worth "more than 100% of my equity position."

See which politicians refuse to support Trump:

13 PHOTOS
Politicians who refuse to support Donald Trump
See Gallery
Politicians who refuse to support Donald Trump

Mitt Romney has been critical of Trump's rhetoric. REUTERS/Jim Urquhart

Senator John Thune (R-SD) addresses delegates during the third session of the Republican National Convention in Tampa, Florida, August 29, 2012. REUTERS/Mike Segar (UNITED STATES - Tags: POLITICS ELECTIONS)
Republican U.S. Sen. Mike Lee speaks during the Utah Solutions Summit Thursday, Sept. 1, 2016, in Salt Lake City. Donald Trump's running mate Mike Pence is scheduled to make his first visit to Utah on Thursday since becoming a vice presidential candidate, and the Indiana governor is expected to use the visit to help bolster support for the Republican nominee. (AP Photo/Rick Bowmer)

Former U.S. President George H. W. Bush has not endorsed Trump, and insiders revealed in September he plans to vote for Hillary Clinton.

REUTERS/Richard Carson (UNITED STATES - Tags: SPORT FOOTBALL)

Former President George W. Bush campaigned for his brother Republican presidential candidate, former Florida Gov. Jeb Bush Monday, during the primary, and has taken what many think were subtle digs at Trump. (AP Photo/Matt Rourke)

Jeb Bush, former Governor of Florida and 2016 Republican presidential candidate, was one of Donald Trump's primary targets during the primary season. 

Daniel Acker/Bloomberg via Getty Images

Former Republican presidential candidate and Ohio Governor John Kasich stayed in the primary longer than most other candidates, and notably refused to appear at the GOP convention in the same arena with Trump, attending other events instead. (Photo by Alex Wong/Getty Images)
Sen. Lindsey Graham (R-SC), a close friend to Sen. John McCain, has been a vocal critic of Trump's. (Photo by Drew Angerer/Getty Images)
UPDATE: Although he didn't endorse Trump during the 2016 convention, Ted Cruz eventually changed his mind, saying in September he'd vote for the GOP nominee (Photo by Ida Mae Astute/ABC via Getty Images) 
Pictured: George Pataki participates in CNBC's 'Your Money, Your Vote: The Republican Presidential Debate' live from the University of Colorado Boulder in Boulder, Colorado Wednesday, October 28th at 6PM ET / 8PM ET -- (Photo by: David A. Grogan/CNBC/NBCU Photo Bank via Getty Images)
In this June 9, 2014, file photo, U.S. Sen. Mark Kirk R-Ill., speaks in his office in Chicago. In his fight to keep his Senate seat, Kirk has repeatedly criticized opponent Democratic U.S. Rep. Tammy Duckworth's service as director of the Illinois Department of Veterans Affairs. His latest attacks come in two new campaign ads. But the ads leave out important facts and context. (AP Photo/M. Spencer Green, File)
U.S. Senator Kelly Ayotte (R-NH) addresses the second session of the Republican National Convention in Tampa, Florida August 28, 2012. REUTERS/Mike Segar (UNITED STATES - Tags: POLITICS ELECTIONS)
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

He also expressed concern over the state of the market in general. Cavuto asked Cuban if he was expecting a more tumultuous autumn after the market's quiet summer.

Cuban said that uncertainty and market dynamics have set the stage for a more volatile end of the year.

"There are so many external global influences on our market," Cuban said. "You know, what money comes here when there is uncertainty overseas, what money goes into Treasurys, where does money go if rates go higher or lower?"

Part of this is because of uncertainty about the economic outlook, to which a possible Trump presidency contributes significantly, according to Cuban.

NOW WATCH: Paul Krugman weighs in on the Apple tax debate

See Also:
The most irrational chart in the world strikes again
The stock market is vanishing
Traders are loading up bets on a market outcome that should make everyone nervous

SEE ALSO: The stock market is vanishing

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners