S&P 500 predicted US election winner 87% of the time in 100 years - Business Insider

The S&P 500 has correctly predicted the election winner 87% of the time for nearly a century, although four major events this year pose a greater challenge to the 2020 vote, a top strategist said in a BNY Mellon webcast on Thursday.

He said Democrats could end up hurting themselves if they choose to vote through mail-in ballots, as that dramatically increases chances of error and delays the process.The S&P 500 index has correctly predicted the winner of the US presidential election 87% of the time over the last almost-100 years, strategist Dan Clifton of Strategas Research Partners said at a BNY Mellon webcast on Thursday.

However, four "transformational" events in 2020 — the COVID-19 pandemic, an ensuing recession, mass protests against racial injustice, and a US presidential election — pose a great challenge to potential outcomes this year, he said. Clifton said the next two months would be the "wildest" ever in politics, and provided a 3-point framework to understand potential outcomes: When the COVID-19 caseload was rising, there was a referendum on Donald Trump. But since cases peaked, it has become more of a choice between Trump and Joe Biden.

Guess it’s gonna be Trump

the woman calling is complaining about anonymous sources and likely the same person that accepts when Fox News tells her 'Some people say' as a written in stone source.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Bank of America sees 45% upside in S&P 500 over the next decade - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Mr. Lykourezos? Hope they go out of business for supporting BLM. No Lives Matter unless All Lives Matter.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Despite recent weakness, Apple typically beats the market six months following a stock splitNew for subscribers: Despite recent weakness, Apple typically beats the market six months following a stock split Check out CNBCPro today. Pro Will you be updating us on $DOCU report? Also any CEO interviews upcoming? Pro Not this time.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Bezos, Musk, Zuckerberg and Gates lose a collective $25 billion in net worth after tech stocks fallTech companies took a beating Thursday, as S&P 500 tech sector closed down 5.8%. And? Tax the rich. A few pennies that they’ll get right back at some point...🤓...
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock Market Sell-Off: Dow Plunges 750 Points, S&P 500 Falls 3.5%The Dow plunged 600 points this morning while the S&P 500 fell 3% by skleb1234 skleb1234 Soon return to last point. skleb1234 Wow. Great news for beers skleb1234 Is it shorting $TSLA that kicked this off?
La source: Forbes - 🏆 394. / 53 Lire la suite »