The Stock Market is Predicting a Trump Victory

At the moment, President Trump could win a second term, according to the S&P 500.

In fact, history says the incumbent has the advantage when the market rallies in the months leading up to the big day.  Going back to 1928, incumbent presidents have won 90% of elections when the S&P 500 is positive in the previous three months, as reported by The Wall Street Journal.

“If investors think the incumbent will win, they anticipate less policy change and are therefore less likely to shift their portfolios ahead of an election,” added Shawn Snyder, the head of investment strategy at Citi Personal Wealth Management.

Some of the top sectors to watch on potential re-election include technology stocks, 5G stocks, defense stocks, banking stocks, and infrastructure stocks.