Category Archives: Election Stock Watch
The polls and the pundits had it all wrong in 2016. They said Donald Trump had no chance of winning the election, and if he did, the stock market would crash.
So much for polls and pundits.
With Joe Biden now ahead in almost every poll, investors are wondering if stocks will keep rising if President Trump wins reelection.
The short answer is, “yes,” markets will rally.
Just when you thought you knew what to expect in a “Convention” to nominate a party’s presidential candidate, along comes Alexandria Ocasio-Cortez (aka AOC) and says what almost no one expected her to say at the virtual 2020 Democratic National Convention.
In her 90-second speech Tuesday evening, she didn’t mention the Convention. She didn’t mention Joe Biden.
After endorsing what sounded more like the platform Bernie Sanders would champion, she seconded the nomination of, Bernie Sanders.
You read that right. Bernie Sanders, not Joe Biden.
And while I did promise you Monday to talk about the three stocks that you should buy if Biden wins the election, we have to dig a little deeper first into AOC’s speech, why she seemingly upstaged Joe Biden with Bernie Sanders’ rhetoric, and what it means for those three stocks.