Stocks Typically Climb, Regardless of Who’s in the White House

Stocks tend to go up regardless of which party controls Washington.

“We are not encouraging anyone to try and do anything heroic at this point,” said David Jilek, chief investment strategist at Gateway Investment Advisors, who still cautioned that anything can happen in financial markets. In 2008, the index tumbled 20% from Election Day to Inauguration Day in the wake of the collapse of Lehman Brothers Holdings Inc. during the financial crisis. And in 2000, the S&P 500 dropped 6.3% during the same period following the contested election between Vice President Al Gore and George W. Bush, the former Texas governor who would become president.

And by Dec. 13 when Mr. Gore conceded the race, the S&P 500 had dropped 5%, and the Dow was off 1.7%. The Nasdaq had fallen 17%, and the selling didn’t stop there. In the following years, financial stocks would become the dominant sector in the market. Still, the stock market’s fear gauge, the Cboe Volatility Index, is already nearly as high as it was at the height of the 2000 postelection period, closing Thursday at 28.11. In addition to the uncertainty surrounding the election, investors are also monitoring a rising coronavirus case count and negotiations among lawmakers for another stimulus deal.

Not true

The market is banking on a stimulus-driven economy, no matter who wins. A narrow look reaffirmed by Feds loose Rate /Easing policy. Who will pay the Piper? Or we will find another Greenspan to dump it on. The Duo Bubble 'Market and Housing'.

IRS_CI, SEC_Enforcement, PCAOB_News allowing Automobile companies to change names of dealerships & void consumer warranties, not pay Tax on gain of not servicing those warranties. IRS_CI Destroyed documentation TIGTA TRN-2009-0433 TIGTA TRN-2010-0201 TaxEvasion

stoolpresidente

Half United States doesn't even own stocks! Stocks go down but they also go up!!

Trump's appeal to the 'CNBC dad' crowd is absolutely brainless and a frustrating indictment of the economic illiteracy of a supposedly-capitalist society. If someone's 401(k) is wholly dependent upon who's in office now and that threatens their retirement, it's allocated wrong.

But it was good four years ago 🤔🧐 ?

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