Will A Contested Election Affect The Stock Market? Here's What To Know

  • 📰 Refinery29
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Among the many (many) fear-mongering lies Trump has told is that the health of the American economy — and specifically the stock market — relies on him. If you're worried about that, don't be. Here's why.

Financial experts often say that the stock market hates uncertainty — and the 2020 election has been nothing if not uncertain, especially now, as we continue to wait for key battleground states to process ballots. But this doesn’t mean that the stock market is going on a downward spiral, or that the average American will be greatly impacted by it.

“It’s unwise to try and predict if and when the markets will crash at any point in the coming weeks — despite people’s best efforts, market-timing is generally a losing battle,” Dan Egan, managing director of behavioral finance at Betterment, tells Refinery29. “Usually the markets become volatile based on economic uncertainty, or uncertainty with other major happenings in the country – right now, we’re still counting presidential ballots and the markets are performing extremely well today.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines