The Election, Covid-19, and Market Reaction
While the Markets view the presidential election positively, it continues to exhibit volatility due to the on-going threat of the Coronavirus Pandemic.
While the Markets view the presidential election positively, it continues to exhibit volatility due to the on-going threat of the Coronavirus Pandemic.
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The 3rd quarter saw the Markets make up for losses from March and grew 9.2%.
After increasing steadily since April, the Dow erased it's 2020 losses by end of August. However, the economy as a whole continues to struggle. Over the last few months I've been stating that the Markets have been "untethered" to the economy.