If you woke up this morning and thought to yourself:
“Well, at least that’s over with!”
You’re not alone. Historically speaking, financial markets in the US don’t seem to care which side wins on Election Night (or, in the drawn-out days and weeks that will follow). The important thing for the markets is that the election uncertainty is largely over.
As the political carnival fades into our rearview mirror, we’re left with some dividends that made out better than others. Let’s review these winners and losers now.
Winner: Financial Markets
Since March 2009, the long-term (multi-year) trend of the stock market has been up.… Read more