❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now
Stock markets start Election Day running strong
Nov 3, 2020

Stock markets start Election Day running strong

HTML EMBED:
COPY
With all of the uncertainty of the 2020 elections, why buy stock today? Plus, car and truck sales trending up. And, depending on election results, what might happen with economic policy during the rest of this year.

Segments From this episode

There's a couple of theories about why markets are up so far today

And markets had a good day, Monday, too. Susan Schmidt, head of U.S. equities at Aviva Investors, says that what the market is showing is that “it’s confident that tonight, or certainly by tomorrow, there will be a clear winner, and it’s not as worried about a contested or prolonged decision-making time in this election as it might have been previously.”

What's been driving strong auto sales?

Nov 3, 2020
Automakers are still trying to meet demand after production dropped in the early days of the pandemic.
People look to buy a car at a dealership in New Jersey.
Spencer Platt/Getty Images

How the election will shape economic policy before inauguration

Nov 3, 2020
Analysts predict the outcome of the election will play a key role in what legislation makes it through the legislative process before the end of this year.
David Daley, author of "Unrigged: How Americans Are Battling Back to Save Democracy," says gerrymandering has allowed some politicians to safely ignore the will of voters.
Jessica McGowan/Getty Images

Music from the episode

Early to the Party Andy Shauf

The team

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