facebookWith the upcoming US Presidential Elections on 3 Nov 2020, how do you think a Biden presidency could affect financial stocks? - Seedly
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Rachelle

Posted on 16 Aug 2020

With the upcoming US Presidential Elections on 3 Nov 2020, how do you think a Biden presidency could affect financial stocks?

I've seen a lot of articles on how this could negatively affect the stock market. Any thoughts?

https://www.marketwatch.com/story/heres-how-a-biden-presidency-could-hurt-financial-services-stocks-2020-07-20

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Frankie Rappaport

Frankie Rappaport

Level 16. Sage

Posted on 16 Aug 2020

I would abstain from considering even these scheduled short term events, anyway nobody can predict the answer to your questions, and the vague predictions of the polls could already be priced in.

market timing is not possible and mostly historical events for the strong U.S. economy rarely had negative consequences

what also to not to consider, I've written on here:

https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy

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