The Presidential Election Will Be Here in Less Than 100 Days. What It Means the Stock Market. Based on several closely watched voter polls and betting markets, former Vice President Joseph Biden will be the next president of the U.S., vanquishing President Donald Trump in the Nov. 3 election. Then again, election polls are notoriously unreliable, as Hillary Clinton—and President Trump—learned in 2016.
With less than 100 days to go before this year’s U.S. elections, anything could change, from voter sentiment to the candidates’ standing to the trajectory of the coronavirus pandemic, which has sickened millions, killed more than 150,000, and driven the nation’s economy into the worst downturn since the Great Depression. All the more reason, then, for investors to hedge their bets on the election results, preparing for several possible outcomes—each with different implications for policy, the economy, and financial markets.
Under one scenario, the status quo would prevail, with Trump winning re-election, Republicans retaining control of the Senate, and Democrats continuing to rule the House of Representatives. In an alternative scenario, the so-called blue wave, voters would send Biden to the White House and put the Democrats in control of both houses of Congress. A third possibility, which doesn’t get as much attention as the other two but arguably should, is that Biden is elected president but the Senate stays in the GOP’s grip.
Here is our analysis of what each scenario would mean for investors..............
https://www.marketwatch.com/articles/how-to-prepare-your-portfolio-for-3-potential-2020-election-outcomes-51596842018?mod=home-page
