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November 3rd election day 2020. But wall street ambivalent about the prospect of a biden presidency. Bloomberg nasdaq 100 stock futures rose fast enough to trigger an exchange volatility halt that pauses especially rapid swings at 35 as traders assessed election resultscontracts on the. Recent stock market highs and lows have investors already bracing themselves for one more looming uncertainty.
Since 1928 the stock market has forecast the winner of the election 87 of the time including every one since 1984 according to lpl financial. The fourth was the 2000 election. Following an election year us.
It turns out that the stock market has an uncanny ability to predict who will call the. Us elections impact on stock market. Election results might not be so great at predicting stock market returns but the converse is not the case.
So much for my friends feared obama administration sell off. Perhaps most interesting is that the party taking office doesnt. The first presidential debate of 2020 didnt exactly scream peaceful transfer of power.
Stocks as a crystal ball. After election night on nov. If youre like most investors youre already anticipating.
Bank noted stock markets have a habit of closing slightly lower while bond markets outperform. How the election might affect stock prices trump says a democratic victory next week will send stock prices plummeting. Three of those elections1801 1825 and 1877occurred before the adoption of major market indexes to track stock market performance collectively in some way.
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