Policymakers don't want to tank the stock market

Published On Nov 10, 2024, 11:23 AM

In light of recent election results showing Donald Trump as the winner, stocks experienced a surge fueled by relief from election uncertainty. The article discusses how policymakers may avoid implementing market-unfriendly policies to prevent stock market declines, as these effects are immediately felt by the public and can influence elections. With a significant portion of the populace and major political donors being invested in the stock market, a link between stock performance and political strategy is becoming ever more pronounced. Despite ongoing uncertainties, overall economic indicators remain solid, and investors may continue to expect favorable market conditions.

Read full article

Stock Forecasts

SPYView SPY chart on TradingView

Positive

Given that policymakers are likely to prioritize the stability of the stock market and avoid harmful economic policies, plus the positive economic indicators such as steady consumer spending and corporate earnings growth, the outlook for stock performance is robust. Investors may expect further gains in the coming periods as the market reacts favorably to this stability.

Related News

US craft distillers facing numerous headwinds as whiskey tariffs loom: 'We're not celebrating'

Nov 10, 2024, 7:00 AM

Craft distillers in the U.S. are facing several issues including higher distilling input costs and potential tariffs on American whiskey, according to experts.

SPY

What is open on Veterans Day?

Nov 9, 2024, 9:42 AM

Veterans Day falls on November 11 each year, regardless of the day of the week. It's a federal holiday, meaning federal government buildings, banks and post offices are all closed.

SPY

Trump’s first big fight is shaping up: Powell’s refusal to resign from the Fed

Nov 8, 2024, 4:09 PM

During a news briefing, he was asked if he would resign if Trump demanded it, and Powell simply replied "no."

SPY