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Sep 25, 2020
Wall Street’s guesses about the election and markets
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.
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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.
Segments From this episode
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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.”
Music from the episode
Wake Up, Get Up, Get Out There Lollia, Sleeping Forest
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
Brian Allison
Engineer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer