How stocks’ performance can help predict the presidential election
Breakfast with Benjamin Paying attention to how stocks trend between August and November could be a giveaway for which party's candidate will be elected president.
- Paying attention to how stocks trend between August and November could be a giveaway for which party’s candidate will be elected president. When voters decide between the incumbent party and the challenger, it often comes back to: “It’s the economy, stupid!”
- Major money managers are facing big decisions on their global positions due to June’s many market-moving events. Hedging is needed in the face of a Brexit vote, Fed decisions, OPEC meetings, and more.
- Janet Yellen’s tease of a Federal Reserve rate hike added to gold’s recent woes. May could see gold prices drop as much as 6.7%.
- It seems to work in Sweden, but would a six-hour workday be successful in the United States? Maybe, as long as employees are intensely focused and working. But don’t expect to see it anytime soon.
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