For this week’s Weekly Wrap, we actually look ahead to the big news week coming up.
Let’s pretend it’s Wednesday after the election, and the Federal Reserve has not yet announced its quantitative easing plans, but Republicans have taken control of the House. What happens on Wall Street?
“I think the market goes up, but I think the market goes up anyway, simply fro the fact that the market loves certainty and will just be so happy to have this election behind us,” says Gallagher.
If the Democrats hold the House?
“Oh, you will see a massive sell off,” says Carney.
Follow the rest of the discussion on our latest Weekly Wrap and also see what our experts say might happen on Wall Street after the Federal Reserve announces its latest plans to help the economy.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.