Mac1958
Diamond Member
For Election Day, a little FYI. Generally speaking, presidential elections don't affect the stock market all that much. As usual, the stock market has been choppy in the days leading up to this.
What the stock market DOESN'T like is uncertainty, and that's usually cleared up with the results and then it follows the path it was on: Corporate earnings. Taken as a whole, the market knows that the political talk is largely bullshit. What drives the market in the long run is, again, corporate earnings.
Would a contested election, violence, and madness create uncertainty for the market? Probably, but not permanently. Both Harris and Trump propose things the market doesn't care much for.
TBD, as usual. We'll see. No one has a crystal ball, even if they tell you they do.
What the stock market DOESN'T like is uncertainty, and that's usually cleared up with the results and then it follows the path it was on: Corporate earnings. Taken as a whole, the market knows that the political talk is largely bullshit. What drives the market in the long run is, again, corporate earnings.
Would a contested election, violence, and madness create uncertainty for the market? Probably, but not permanently. Both Harris and Trump propose things the market doesn't care much for.
TBD, as usual. We'll see. No one has a crystal ball, even if they tell you they do.
How Presidential Elections Affect the Stock Market | U.S. Bank
U.S. Bank offers a perspective on how presidential elections have affected the stock market historically.
www.usbank.com