Elections Hurt of Boost Economy/Stocks?
The elections are this week, and of course with every election comes speculation about what the elections will do for our stocks, and our overall economy, no matter how short lived the effect may be since the elections come and go and are forgotten about in a weeks time.
Most financial analysts are saying that the stock market this week’s biggest wild card is the elections, and they will definitely swing them one way or another - which way they will go, it is hard to say for sure.
The overall feeling is that if democrats pull a stronger hold on seats, there may be some worries as to the financial outlook for the stock market (why this is, I don’t know for sure - it’s probably very detailed, and very over my head!)
They also think that if the Republicans make a strong showing in the elections, most likely the stock market will show a strong rebound. The reasons for this range from the sectors of the stock market being affected differently by the agendas of the respective political parties who garner more control in the White House as well as in the state seats.
Either way the elections swing this year, it is sure to affect the stock market and economy in some way, hopefully it will be positive, at least in the long term. I think we can all stomach a short term loss, as long as it’s for the benefit of hte long term economy outlook.
