stock market uncertainty
Stock Market Response to Election Uncertainty
The presidential election promises to be close again this year. What will be the stock market response to election uncertainty? Traditional thinking is that Republicans are pro-business and that Democrats are not. Thus, you might think that the stock market would fear a Biden presidency, welcome four more years of Trump, and move accordingly as polls indicate. But, our sister site, Profitable Trading Tips noted, in an article about how the market will respond to a Biden presidency, that the market is more likely to go after a Democratic victory than a Republican one. But, what happens when the election is going to be close?
What Happens to Your Investments in a Leadership Vacuum?
There are times when foreigners may have a better perspective of the USA and its stock market than Americans. The US stock market has had a good run but many stocks are getting pricey. That by itself is a good reason to pull a little money out of the market. But another insight comes from a private sector pension fund in Finland. Bloomberg reports that these folks are selling US stocks because there is no president in the U.S.
A leadership vacuum in the world’s biggest economy has driven the largest private-sector pension fund in Finland to cut the weight of […]