Quotes
One of our core beliefs about elections and markets is that the latter must endure some temporary repricing around this event every few years, but that these dislocations have tended to be temporary in nature,
Paul Christopher, Wells Fargo's head of global investment strategy, wrote in a note
Of course, there are acute sector considerations and there are broader macroeconomic implications, but in general the U.S. economy continues to march forward,
Boltansky wrote in a note Wednesday
Investor sentiment is pro-growth, pro-deregulation, and pro-markets, as seen in the overnight market action,
said David Bahnsen, chief investment officer, The Bahnsen Group, in a note to clientsWith the pullback in Trump-victory bets (over the last week), gold has lost some of its bullish momentum, dropping from last week’s record $2,790 to around $2,740,
said Dilin Wu, Research Strategist at Pepperstone
On Tuesday, US markets closed strong, with the Dow Jones Industrial Average rising 1.02%, the Nasdaq up 1.43%, and the S&P 500 gaining 1.23%,
said Milan VaishnavWith election day finally here, expect more market volatility, particularly if the wait for a result is long or contested. Political divisiveness presents a risk to investor sentiment,
said Adam Turnquist, chief technical strategist for LPL Financial
Most stock price movements over time are driven by earnings, inflation, and interest rates. Policy does matter, particularly tax and trade policy, but not as much as some might think,
said TurnquistThough having gone through the ‘hanging chads’ of the Bush vs. Gore election in 2000, legal challenges, recounts, and the Jan. 6 experience, perhaps markets are battle-tested for election chaos,
Turnquist addedThe market appears to be in an anticipatory relief rally now that the election is here,
said Louis Navellier of Navellier & Associates in a note to investors TuesdayI do think Trump 2.0 will be different from Trump 1.0... I expect him to push through a lot of fast major legislation within the first 100 days, so hold on to your hats,
Allen said
If it becomes a very, very contested election that gets dragged out in the legal system for a couple of weeks. I think the market would not like that... that would be one downside risk,
said Anderson
My feel is clearly projecting the strong likelihood of a Trump win,
said AndersonI think it's been betting on a Trump victory. I think that's why you've seen today is such a strong move,
said Timothy Anderson, managing director with MND Partners, division of TJM Investments, LLCThere's been a lot of hedging against potential uncertainty, potential drama out of Washington. We've seen that. And now as we're at Election Day, we kind of are optimistic that maybe some of that can unwind,
said Ryan Detrick, chief market strategist at Carson GroupTrump is unique, but he is returning to the patriotic movement prior to the rise of conservatism in the 1950s”.
Smith believe
As the closest of allies, we stand shoulder to shoulder in defence of our shared values of freedom, democracy and enterprise,
said StarmerWe still have votes to count. We still have states that have not been called yet. We will continue, overnight, to fight to make sure that every vote is counted, that every voice has spoken. So you won’t hear from the vice-president tonight, but you will hear from her tomorrow,
Richmond saidNone of the threats have been determined to be credible thus far,
the FBI said in a statement,It looks like Republicans have shown up in force,
the 78-year-old told reporters, wearing a red Make America Great Again baseball capWith autocrats like Putin in Russia and Trump in the US in power, the European Union will have to stand on its own two feet in terms of support for Ukraine, climate action and the fight for democracy,
the party said in a statement