Home > How Will The S&P 500 React To The GOP Winning The Senate And The Presidency

Business
How Will The S&P 500 React To The GOP Winning The Senate And The Presidency

Description

Stock market analysts always worry around the time of a Presidential election. The markets can react unpredictably when a certain candidate gets elected. According to Stifel the S&P 500 will sell off initially if the Senate or Presidency remains Republican after the election. Business Insider reports that a note from Stifel says the S&P may fall following this election outcome. With the Republicans in charge hopes of a large fiscal stimulus will fade. Stifel noted that the market has likely discounted a possible Democratic sweep, with an expectation of "big spending" in 2021 and 2022.

Added on the 16/10/2020 12:55:43 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Trump Unlikely To Pardon His Adult Children

    President Donald Trump's final batch of pardons is expected to contain few controversial or outlandish criminals. According to CNN, Trump spent Saturday night huddled in a lengthy meeting with his legal advisers. In it, he was warned that pardoning himself and his family members would put him in legal peril and convey the appearance of guilt. Also, pardoning GOP lawmakers involved in the Capitol insurrection would anger the very Senate Republicans impeaching him. Several of Trump's closest advisers have also urged him not to grant clemency to anyone who breached the US Capitol. White House counsel Pat Cipollone and another attorney who represented Trump in his first impeachment trial, Eric Herschmann, offered the grave warnings. Trump, his daughter Ivanka and her husband Jared Kushner listened quietly. Trump may, of course, change his mind.

    20/01/2021 - Wochit
  • GOP Rep: Impeaching Trump May Have Ended My Political Career

    Freshman GOP Rep. Peter Meijer voted to impeach Pres. Donald Trump last week. On Sunday, he talked about the fallout of that decision. Meijer said he might have ended his political future by voting to impeach President Trump. During an appearance on ABC's "This Week," he asked Meijer if voting for Trump potentially damaged his career beyond repair. "I may very well have," Meijer said. Meijer said voting to impeach Trump was necessary for the good of the country.

    18/01/2021 - Wochit
  • GOP Rep. Nancy Mace Slams Trump

    On Sunday, Freshman GOP Rep. Nancy Mace of South Carolina is slamming President Donald Trump. Mace said Trump's actions related to the Jan. 6 Capitol riots "put all of our lives at risk." "We feared for our lives, many of us that day, and our staff," she said. "My children were supposed to be up there." Mace said that Congress needs to find a way to hold the President accountable.

    18/01/2021 - Wochit
  • Evangelist Franklin Graham Slams GOP For Betraying Trump

    Nîmes (30) : Journal du lundi 15 décembre 2014

    16/01/2021 - Wochit
  • Donald Trump Jr. Passed On Running For Wyoming Senate Seat

    Donald Trump Jr. had considered running for an open Senate seat in Wyoming last year--but decided against it. Instead, Business Insider reports the eldest son of President Donald Trump and girlfriend Kimberly Guilfoyle are looking at real estate in Florida. The eldest son of President Donald Trump has sparred with Rep. Liz Cheney (R-WY) over his father's foreign policy agenda in the past. But while Wyoming strongly leans Republican, he lacked roots in the Western state, which is also the least populated state in the US. White House advisor Ivanka Trump is thought of as a potential Republican challenger to GOP Sen. Marco Rubio of Florida in 2022. Ivanka Trump and husband Jared Kushner are also house-hunting in Florida, where her father and stepmother plan to relocate shortly.

    16/01/2021 - Wochit

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34