LND
politicsliberal

Stock Market Hints: Will Kamala Harris Win in 2024?

Las Vegas, USATuesday, November 5, 2024
Advertisement
Have you ever wondered if the stock market can predict who will win the next presidential election? Well, according to something called the "Presidential Predictor, " the answer might be yes! This predictor looks at how the S&P 500 index performs in the three months before the election. If it goes up, the current party in power usually stays in the White House. If it goes down, the other party often wins. This method has been correct 21 out of 24 times in the past. In 2020, it said Joe Biden would win, and he did. This year, it's saying Kamala Harris will win. But is it always right? Some experts think the economy and politics have changed so much that this predictor might not work as well anymore. The S&P 500 has been doing really well lately, and other stock market indicators, like the Dow Jones, have also reached new highs. Based on this, the predictor says Harris will win. But remember, even if something has worked in the past, it might not work in the future. So, while the stock market might give us a clue about who will win, it's not a sure thing. Voters might have different reasons for choosing a president, like their policies or personal qualities. And the stock market doesn't care about those things!
dow joneswhite housekamala harrisjoe biden

Continue Reading...

Unlocking Finance: Your Daily Dose of Market InsightsU. S. Job Cuts Drop in November, but Hiring Still SluggishUnraveling the Mystery: A Breakthrough in the Capitol Pipe Bomb CaseWhen to Expect Samsung's Next Big SmartwatchMH370 Search: New Hope in the Deep BlueAfghans in the U. S. Face Uncertainty Amid Immigration Crackdown

Actions

flag content