Post Election Day Look At Market and Finances

Post Election Day Look At Market and Finances

Story is that eight five presidency with gridlock means more the same it means no major changes for at least the next two years no tax hikes a total equity in into the pandemic vaccine and relief over trade war that has actually been a tax american consumers.

So mostly it seems like yeah and decision or clarity of an outcome- maybe yeah on tested on uncontested election unlike the one that we saw in two thousand with bush and gore market.

Kind of sold off white.

It seems like they is sort fighting or the we have now just work finding optum next.

Okay the data points show is this.

Us stocks just had their best post election date ever the nasdaq.

In the future prior to the after market close price market opening the nasdaq limited up meaning that if you search so much that they that they halted respect.

The following day yesterday the nasdaq rose about four half percent continue to do so today sourcing markets search markets rally quite a bit.

Historically a democratic president with a split congress has been the highest performing scenario for the s.

And p.

Five hundred over the ensuing twelve months.

To about thirteen point 6% but we haven't seen this structure at least in about the last six decades so what the stories are ignoring it we like the story we like to crack and snares and try to make sense of randomness what the normal support please what's happening in the economy at the time the economy dictates the market's not the other way around so.

Here's the truth markets will go up down or sideways on a daily basis from this point going forward- maybe some days bigger or bigger on the outside on the downside than others of course but it's mostly random suggesting otherwise.

It's fine we need the stories to try to make sense of it all i makes us feel good but it's mostly nonsense coming from wall street so i think that that's the truth i think the best thing to.

Do with this information yes enjoy the big