Are Stocks Going to Plunge if Joe Biden Wins and Congress Is Split? Here's What History Says About Stock Market Returns in This Scenario
In less than five months, Americans from across the country will head to the polls or mail in their ballots to determine which presidential candidate will lead our great country for the next four years.
In many ways, what happens on Capitol Hill and in the Oval Office has no bearing on Wall Street. But anything related to fiscal policy legislation can absolutely impact the U.S. economy, corporate earnings, and the stock market.
In a little over two months, the Democratic National Convention will take place, and incumbent Joe Biden will, in all likelihood, earn his party's nomination for president. Only 1,968 primary delegates are needed to win the nomination from the Democratic Party, and Biden had 3,872 as of June 6.
Source Fool.com
National Cinemedia Inc. Stock
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