The Stock Market and the Election

I am quoted in this InvestorPlace article:

One concern that has been voiced in recent weeks is the possibility of delayed election results. Such a result may cause some investors to reduce exposure until there’s a result, says David Kass, a finance professor at the University of Maryland.

“However, a decisive outcome on election night should alleviate many of these concerns,” he says. “The main problem could be an extended delay in counting millions of mail-in ballots, especially in the swing states of Wisconsin, Michigan, Pennsylvania which provided the electoral vote majority for President (Donald) Trump in 2016 even though he won by less than 1% of the popular vote in each of those states.”

 

 

 

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