Some investors are worried about what the impact of a Democratic sweep would be on the stock market this coming November.last week observed that the prediction markets are suggesting Democrats could be victorious in the national elections. The probabilities of Democrats winning the White House, Senate, and House of Representatives are 62%, 61%, and 85%, respectively.
But investors need not worry about poor stock market performance and a potential Democratic sweep if history is a guide, according to Ryan Detrick, senior market strategist at LPL Financial.that stocks were up 83% of the time and posted an average annual return of 13.2% when Democrats controlled the White House and Congress.
Would be bad for many things socially
They are not worried about stocks. They are worried about being taxed their fair share of the bill. Top earners really should be taxed at 70%. Minimum.
Maybe if Warren or Sanders were at the top of the ticket, but not Biden.
Wall Streets interests are not Main Streets interests
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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Crowded trade, high valuations: why investors worry about tech stocksSome investors are getting increasingly worried about the outlook for technology and big growth stocks after a massive rally which has pushed the Nasdaq Composite index to record highs despite the coronavirus-inflicted economic damage. Because most of them have never actually made money. They just live off VC float until the creators can offload their shares at wildly inflated prices. Bubble
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US stocks dip as investors weigh bank earnings and spiking virus cases - 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.
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Stock market news: Stocks ignore record COVID cases, focus on earnings - 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. Further proof why we are in the mess we are in and the stock and housing market are insanely overvalued. there's no second wave, the surge of cases r the result to a more testing applied than before. The world economic system will not gonna come crashing down right now. Covid_19 COVIDUpdates
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