Morphine Prince 109,645 Posted November 1, 2016 Share Posted November 1, 2016 The stock market's election year performance between July 31 and Oct. 31 has often accurately predicted the next president — and this year it's pointing to a victory by Donald Trump, if history is a guide. Sam Stovall, chief investment strategist at CFRA, says the market's decline this fall has been a bad omen for the incumbent party and Hillary Clinton, who still holds a six point national lead in a new poll. The S&P 500 is down 2.2 percent since its close of 2,173 on July 29, a Friday and the last trading day of July. "Going back to World War II, the S&P 500 performance between July 31 and Oct. 31 has accurately predicted a challenger victory 86 percent of the time when the stock market performance has been negative," he said. The one time in eight that the incumbent party won with a negative stock market was in 1956, when Adlai Stevenson challenged President Dwight D. Eisenhower. More details: https://www.google.com/amp/www.cnbc.com/amp/2016/10/31/this-stock-market-metric-says-the-likely-winner-istrump.html?client=safari Link to post Share on other sites More sharing options...
SEXODUS 5,927 Posted November 1, 2016 Share Posted November 1, 2016 We'll see about that Link to post Share on other sites More sharing options...
Melibi 414 Posted November 1, 2016 Share Posted November 1, 2016 But stocks go down whenever something bad for Hillary's optics comes out Link to post Share on other sites More sharing options...
uo111 5,282 Posted November 1, 2016 Share Posted November 1, 2016 Is this what trumpeters have come too? Link to post Share on other sites More sharing options...
Hola Soraya 4,367 Posted November 1, 2016 Share Posted November 1, 2016 ¿Tú me estás hablando en inglés? Link to post Share on other sites More sharing options...
JGD 12,098 Posted November 1, 2016 Share Posted November 1, 2016 Boy, I can't wait for all these pro-Trump predictions to end up being incorrect next Tuesday Link to post Share on other sites More sharing options...
KleinGa 18,177 Posted November 2, 2016 Share Posted November 2, 2016 Tuesday can't come fast enough so I can finally say President Elect Hillary Clinton and all these trumpites can go back to their dark caves from where they came. Link to post Share on other sites More sharing options...
LePetitGAGABLover 21,234 Posted November 2, 2016 Share Posted November 2, 2016 They couldnt even predict the stock market crash, nor the 2008 recession. Useless prediction imo Link to post Share on other sites More sharing options...
Economy 52,837 Posted November 2, 2016 Share Posted November 2, 2016 On 2016-11-01 at 10:30 AM, Melibi said: But stocks go down whenever something bad for Hillary's optics comes out Thats the interesting thing usually investors want Republicans to win because their policies are more favourable to Corporations and therefore their earnings But most investors this time prefer Hilary. Its ironic but not surprisingly considering big investors are usually intelectual people who understand how politics and business work and most investors understand that Trumps promisses are rediculous and unrealistic and many things damaging as well (like ending NAFTA) So in this particular election, any time the Republicans gain a bit of ground the markets actually are reacting negatively even though in most past elections its been the opposite Link to post Share on other sites More sharing options...
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