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Stock impact report

Why the stock market failed to see that Trump would win the presidential election [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
In several recent columns, I reported on a simple model that correlated the incumbent political party's chances of retaining the White House with the Dow Jones Industrial Average's DJIA year-to-date return. Right before the election, that model was giving U.S. Vice President Kamala Harris, the Democratic candidate, a strong 70% chance of beating former U.S. President Donald Trump. Nvidia's stock joins the Dow today. Here's what to know. U.S. stocks staged an epic rally after Trump won the election. What history says could happen before year-end. ‘I feel we've failed': My son wants me to take out a $150,000 student loan so he can attend an out-of-state college. Is that fair? ‘I'm a mother in turmoil': My daughter refuses to see me — or tell me why. Do I finally cut her out of my will? ‘I know it's awkward to give advice to wealthy people': My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare? When a model fails, investors should use the occa Show less Read more
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