Reported over 1 year ago
As the US is in an election year, financial markets are preparing for potential volatility as the recent presidential debate between Biden and Trump has raised concerns about the political landscape's impact on economic conditions. Historical market trends during election years are discussed in Yahoo Finance's article, providing insights into possible market movements. The article emphasizes that although the election may lead to increased news coverage and speculation, investors are advised not to panic as the impact on the market may not be felt until closer to the election. Volatility typically spikes in October near the election and stabilizes once a new president is elected in early November, as highlighted by a chart from Truist.
Source: YAHOO