What’s Up With This Crazy Stock Rally?
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The election is still too close to call.
Joe Biden is expected to take down key states and has an easier path to victory, but votes are still being counted… and we still see no clear result.
What is clear is there was no “blue wave,” and there won’t be a change in control of the Senate. Investors could interpret that fact alone as being more predictable for future legislative change.
The news prompted technology companies to rally sharply as the NASDAQ rose 4%.
Watch the interview to see what the presidency, senate, and Democratic House of Representatives mean for markets.