Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

HAB911

(8,811 posts)
Mon Nov 7, 2016, 11:01 AM Nov 2016

JPMorgan expects 3% stock market rally WHEN Clinton wins

JPMorgan analysts expect the S&P 500 to recover 3 percent from Friday's close if Hillary Clinton wins the U.S. presidential election Tuesday.

If Clinton wins, the S&P 500 should move back toward 2,150, and European and emerging market stocks should rise 3 to 4 percent, Mislav Matejka and other JPMorgan analysts said in a Monday note. They agreed with the consensus view that a Clinton victory remains more likely than a Donald Trump win.

The S&P 500 closed at 2,085.18 on Friday, posting a nine-day losing streak for the first time since 1980 as the race between Trump and Clinton appeared to tighten. The index fell about 3 percent over that time.

http://www.cnbc.com/2016/11/07/election-jpmorgan-expects-3-sp-500-stock-market-rally-if-clinton-wins.html

Latest Discussions»Issue Forums»Economy»JPMorgan expects 3% stock...