Happy Tuesday to moo families! The result of the U.S. Election will be revealed soon. How do you think the election may affect the stock market?
The U.S. election attracts global attention while investors are worried due to a high degree of uncertainty. Would Trump's reelection bring good news to the market since he stands for deregulation and tax cuts? Or will Biden put a bull in the market in the hope that he may brings stability to the White House?
Whatever happens, the result of the election outcome will generate a great impact on the stock market. As the following chart shows, the past five presidential elections evoke different market reactions. Especially in 2008 when Barack first elected as the president. Back then, the S&P 500 dropped 10 percent the first two days after the election....