- Traders are concerned with the upcoming U.S. presidential election impacting the inventory market.
- Chamath Palihapitiya acknowledged the inventory market would proceed to rise no subject a Trump or Biden presidency.
- Stocks are going greater ensuing from the Federal Reserve’s unheard of enhance, which is inflicting asset mark inflation.
After a tech inventory selloff in September, shares are persevering with the rally that started at the extinguish of March. The S&P 500 is up extra than 50% since March bottom and about 5% up 365 days-to-date.
Many investors are timid that the upcoming U.S. presidential election final consequence could presumably affect the inventory market. They survey the election as a major possibility, as uncertainty hangs over who will prefer, what policies the winner will enforce, and whether or no longer the election will be contested.