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2024-10-22 09:20:50
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finance.yahoo.com on Nostr: Summary of Elections have little impact on stock prices. Here's what investors should ...

Summary of Elections have little impact on stock prices. Here's what investors should focus on instead.
https://media.zenfs.com/en/business_insider_articles_888/b4ef7ab412b8f488f8034b1402188ecf


The source article:
Elections have little impact on stock prices. Here's what investors should focus on instead.
https://media.zenfs.com/en/business_insider_articles_888/b4ef7ab412b8f488f8034b1402188ecf



https://finance.yahoo.com/news/elections-little-impact-stock-prices-030012633.html

The election outcome is unlikely to have a big influence on stock prices, according to Bank of America. Stock-market performance is driven by profit growth, not political-landscape shifts. The bank's strategist, Savita Subramanian, said the stock market rarely cares about which political party controls the White House. Instead, investors' focus should be squarely on profit growth. The bank expects 13% year-over-year growth in the S&P 500's earnings per share next year, and profit growth has historically been the biggest driver of stock-market gains.
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