Volatility has returned to U.S. stocks since the presidential election, and it’s partly Washington’s fault as the fiscal-cliff stalemate makes investors more and more skittish, according to JPMorgan Chase & Co. And even bigger swings may be on the way...
Read more »JPMorgan: Fiscal Cliff Slow-Walking Feeds Stock Market Volatility
S&P 500 At 5-Year High May Be Signaling Obama Win
Wagers on President Barack Obama ’s re-election rose last week to a 16-month peak, according to the online prediction market Intrade. At the same time, the Standard & Poor’s 500 index advanced to the highest level since 2007. Capital Economics senior U.S. economist...
Read more »Close Elections Boost U.S. Stocks, Deutsche Bank Says
With Barack Obama and Mitt Romney tied in polls, Deutsche Bank AG says investor uncertainty going into the elections may actually be priming the U.S. stock market for the biggest possible gains. The Standard & Poor’s 500 Index typically gains 5 percent through year...
Read more »Forget About Unemployment Rate — S&P 500 Bigger Nov. 6, Study Finds
No matter what the unemployment rate is, a president is more likely to be re-elected if the stock market rose on his watch, according to a study by four university professors. The report by Robert Prechter and Deepak Goel of...
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