The Election Results: What Investors Need to Know
By tomorrow morning, much of the uncertainty overhanging Wall Street and Main Street will finally disappear. But the question remains, will we know who won the presidential election right away? The possibility of a contested election looms, and if it’s close, we may have to wait until all the ballots are counted.
The Current Political Landscape
- Real Clear Politics predicts Donald Trump winning the presidential election with 287 Electoral College votes.
- Betting markets give President Trump a slight edge over Vice President Kamala Harris.
- Republicans are favored to gain control of the Senate, with Democrats having a slim chance of retaking the House of Representatives.
- The "Blue Wall" manufacturing states of Michigan, Pennsylvania, and Wisconsin will determine the winner tonight.
Manufacturing Sector and Economic Impact
- The U.S. manufacturing sector has been in a recession for over two years.
- The Institute of Supply Management (ISM) reported a decline in manufacturing index to 46.5 in October.
- Manufacturing states will consider the sector’s condition as they head to the polls.
Hope for the Best, Prepare for the Worst
- Uncertainty surrounding the election may lift by midweek.
- Planning for the worst is essential as chaos in the markets could ensue.
- Agile traders and investors can benefit the most in times of uncertainty.
- Charles Sizemore shares a post-election pick for free, historically showing positive returns after presidential elections.
As an investor, it’s crucial to stay informed and prepared for any outcome of the election. The potential impact on the manufacturing sector and overall economy should be considered when making investment decisions. By staying agile and informed, investors can navigate the post-election market volatility and potentially capitalize on opportunities that arise.
Sincerely,
Louis Navellier
Editor, Market360