Why stocks don't care who's president: Morning Brief
Published On Nov 5, 2024, 6:00 AM
The article discusses the relationship between the stock market and political leadership, suggesting that the performance of stocks is often unaffected by who is in the presidential office. Investors tend to focus more on economic indicators and market trends rather than individual political figures or policies. This perspective highlights the resilience of the stock market amid political changes and emphasizes the importance of fundamental economic factors in investment decisions.
Stock Forecasts
SPY
Positive
Given the consistent view that the stock market is fundamentally driven by economic indicators rather than political leadership, investors might consider sectors with stable growth potential. Company stocks in sectors like technology, consumer goods, or healthcare, which typically perform consistently regardless of political changes, could be of interest.
Related News
When Kentucky Bans Homeless Camps, Where Do People Go?
Nov 5, 2024, 5:00 AM
Angel Sivado tries to move people from the streets to permanent housing. A new law makes helping her clients more of a challenge.
The Fed tries to stay above politics. But a lot is at stake for the central bank on Election Day.
Nov 5, 2024, 4:00 AM
The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent 2024 keeping as much distance as it can from politics.
Dollar, US Stock Futures Hold Steady Ahead of Vote: Markets Wrap
Nov 5, 2024, 3:38 AM
(Bloomberg) -- The dollar and US equity futures held steady ahead of the start of voting in a tight race between Donald Trump and Kamala Harris for the US presidency.Most Read from BloombergFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowParis Restricts Through Traffic in City CenterIstanbul Tries Free Public Transit to Help Job SeekersThe Answer To Making Cities More Family-Friendly? CourtyardsIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundTraders