Nov 3, 2020
Stock markets start Election Day running strong
Many investors expect a “Democratic sweep, which is the key to unlocking Congress’s ability to deliver significant fiscal stimulus,” said Stephen Innes of Axi in a report.
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With all of the uncertainty of the 2020 elections, why buy stock today? Plus, car and truck sales trending up. And, depending on election results, what might happen with economic policy during the rest of this year.
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There's a couple of theories about why markets are up so far today
And markets had a good day, Monday, too. Susan Schmidt, head of U.S. equities at Aviva Investors, says that what the market is showing is that “it’s confident that tonight, or certainly by tomorrow, there will be a clear winner, and it’s not as worried about a contested or prolonged decision-making time in this election as it might have been previously.”
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Early to the Party Andy Shauf
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Brian Allison
Technical Director
