U.S. stocks may have a good reason to look past Monday’s selloff, if trading patterns are anything to go by.
On 11 of the last 12 presidential elections, American stocks have risen in the Tuesday to Tuesday of election week. So, Monday’s rout may actually be a temporary phenomenon.
On 11 of the last 12 presidential elections, American stocks have risen in the Tuesday to Tuesday of election week. So, Monday’s rout may actually be a temporary phenomenon.