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Stock markets around the globe saw the worst october this year given the resurgence of covid cases worldwide.
Guide to election night. Stocks as a crystal ball. Presidential race but theyre significantly split on what the election would mean. While its impossible to say with certainty what 2020 presidential election will mean for the us stock market especially amidst the worst global pandemic in a century the historical record.
But one other reason for the caution was the us presidential elections. Since 1984 the stock market has correctly predicted the winner of each us presidential election according to ryan detrick a senior market strategist at lpl financial. 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.
A majority of stock market strategists polled by cnbc expect democratic candidate joe biden to win the us. Historical returns of stocks and bonds during election years. For those americans wondering whether their 401ks will see a bigger boost under donald trump or joe biden as president it turns out that the stock market cares more about which party controls.
3 presidential election will impact the markets. The presidential election is just two days away and the stock market has locked in its prediction according to one indicator. Many investors believe the outcome of the nov.
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