The Stock market is going to be rocked by the election – The Black Financial Report



This week, the stock market is going to be heavily impacted by the 2020 presidential election. A win by Donald Trump will be good for markets and a win by Joe Biden will also be good for the stock market in its own way.

The bigger problem will be if we don’t have a clear win by either candidate. That’s the way things are shaping up as the Federal Reserve is going to try to find ways to replace the missing stimulus package, but none of this is going to do very much.

Lastly, big tech stocks, who didn’t receive the kind of jump expected from favorable earnings announcements, could turn into safe haven investments as we enter into this uncertain period.

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