The Market Predicted President-Elect Joe Biden
November 14, 2020 at 10:00 AM EST
By Frank Holmes On Saturday, Joe Biden was named president-elect. In hindsight, the market clearly predicted this outcome. As I showed you back in August, if the S&P 500 is up between July 31 and October 31 before an election, it has historically favored the incumbent party. And if it’s down,...