Biden will win, polls say. But the stock market is sending a different signal
With three weeks to go, President Trump's re-election bid is in trouble. "A rising stock market is usually an affirmation of current policies that is satisfactory to the investing public." Here's the research, and it's compelling: Since 1928, the party that controlled the White House won 90% of the time when the S&P 500 Index (SPX) of the largest U.S. stocks rose in the three months leading up to a presidential election is.
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