US election uncertainty is no reason to exit the market: UBS

Investing.com -- As the U.S. presidential election draws closer, UBS analysts believe investors should stay the course, emphasizing that market uncertainty is unlikely to derail positive equity fundamentals.

They explain that historical data supports this view, as U.S. equities tend to perform well both leading up to and following presidential elections, with gains documented since 1928.UBS said the market’s six-week winning streak reflected steady economic growth, with companies representing 15% of the S&P 500’s market cap having reported Q3 earnings so far—80% of which beat earnings estimates and over 60% exceeding sales expectations.

Although policy changes following the election could influence market behavior, UBS stresses the importance of evaluating them in context.

ایران آخرین اخبار, ایران سرفصلها

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