By Matthew Carr Ire and unease have gripped the nation.
Americans have been wrestling with anxiety and unrest related to the pandemic. And to throw kerosene on that dumpster fire, we have mounting anxiety over today’s U.S. presidential election…
At least one of those will soon be in the rearview mirror… hopefully.
Over the past month, I’ve covered the “October Effect” during election years in-depth and how the markets collapse in the month leading up to the election as uncertainty reaches a crescendo.
That’s exactly what we’ve watched play out this year…
The Dow tumbled 4.6% last month.
That’s the largest pullback we’ve seen in October during an election …read more