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Sep 25, 2020

Wall Street’s guesses about the election and markets

President Trump’s recent unwillingness to comment on a peaceful transfer of power has constitutional experts and stock market strategists worried. Uncertainty tends to mean market volatility. Plus, how local businesses that depend on the economy of college sports are faring.

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Goldman Sachs economists said in a note Thursday that worries are overblown — that there will be a victor on election night and in turn the markets will stay steady.
Chris Hondros/Getty Images

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Segments From This Episode

Banks weigh in on what the 2020 presidential election might do to the stock market
by Kristin Schwab
Chris Hondros/Getty Images
Economists often look to previous elections to model upcoming ones, but 2020 continues to break the mold.
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Regardless of what happens on Election Day, expect market volatility
That’s what Christopher Low, chief economist at FHN Financial, has to say. “Although,” he added, “by the time we get into next year, it doesn’t seem to matter who’s elected. Once the presidential election is behind us, the stock market always tends to do well in the first year.”
How COVID-19 disrupts the economics of college football in small-town Texas
by Andy Uhler
Scott Halleran/Getty Images
People who go to sporting events at Texas A&M University usually spend more than $120 million a year.
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Music from the episode

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director

Marketplace®

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Wall Street’s guesses about the election and markets

Subscribe:

Segments From This Episode

Banks weigh in on what the 2020 presidential election might do to the stock market

Regardless of what happens on Election Day, expect market volatility

How COVID-19 disrupts the economics of college football in small-town Texas

Music from the episode

The Team