Reported 28 days ago
As presidential polls highlight Vice President Kamala Harris's slight lead over Donald Trump, a closer look reveals that the stock market may be a more reliable predictor of election outcomes. Historically, the S&P 500 has accurately forecasted presidential victories since 1984, with rising stock prices indicating support for the incumbent party. Analysts argue this correlation stems from economic satisfaction among voters. Additionally, the Misery Index, which measures unemployment and inflation, has proven effective in predicting election results, suggesting the current economic sentiment could impact the upcoming election.
Source: YAHOO