Market commentators have warned about pre-election volatility for months. It’s finally here, with just a week to go until the voting stops (and, no doubt, the recounts and lawsuits start). Oddly, the drop has occurred just as the polls started to show a tightening race between former Vice President Joe Biden and incumbent President Donald Trump.
Given how elections can result in substantial changes in tax policy and regulations, the fact that markets were fine with a potential “blue wave,”but are now having second thoughts, may be more out of fear of more Covid-19 lockdowns this winter rather than the election.
Now here’s the rest of the news:
October 27, 2019
Still in your face with those Daily Activities AND DarrenDaily…
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Move it … ROCKSTAR, ’cause the truth hurts, big-time! 😉