2016

2016

Friday, September 30, 2016

Market Predicts a Trump victory?

"The performance of Standard & Poor's 500-stock index from July 31 to Oct. 31 has a curious way of predicting the winner of the presidential election. 
As with every prediction, take it with a giant grain of salt. But the pattern is solid, as shown in this chart by Sam Stovall, equity strategist for S&P Global Market Intelligence. When the stock market ends up for the three-month period, the Democrat wins. When it's negative, the Republican wins. Since this July 31, the S&P is in slightly negative territory." yahoo

No comments:

Post a Comment