The presidential election is less than one week away. Will Trump be the victor or will Harris?
The mainstream media is calling it a tossup. But from what we can tell, Trump appears to have the edge. At least, that’s what Wall Street is signaling.
Of course, apart from death and taxes, there are no guarantees in life. This is especially true when it comes to presidential elections. Anything can happen on election night. Ballot stuffing, fraud, hanging chads. You name it.
What will it be this time that throws the election results into question? Moreover, will voters accept the determined outcome? Or will discontented supporters of the losing side take to the streets and inflict total chaos?
What about stocks? Has Wall Street already priced in a Trump win? If so, and if Trump wins, will share prices run up further in celebration or will they drop in a “buy the rumor, sell the news” shakeout?
What will happen if Harris pulls out the victory? Will stocks crash? If so, is this a strategic buying opportunity? Continue reading