Want to know who will win the US election? Take a look at the stock market
Al Jazeera
The S&P 500 has a strong track record of predicting the winner of US elections, but old rulebooks may no longer apply.
Want to know who will win the United States presidential election? Take a look at the stock market.
Of course, there is no crystal ball to tell us who will prevail on November 5.
The polls, as much as they can be trusted, show Vice President Kamala Harris and former President Donald Trump running neck and neck in what many observers believe could be the closest election in decades.
Even so, the performance of US stocks has an uncanny track record of predicting the outcome of presidential elections.
Since 1928, the S&P 500 – which tracks the performance of 500 of the largest firms listed in the US – has pointed to the winner in 20 out of 24 elections, according to an analysis by financial services company LPL Financial.
It will be ‘slaughter as usual’ for Israel in Gaza and Lebanon under the incoming Trump administration, analysts say.
A late start, a failure to differentiate herself from Biden, and the loss of key voting groups made victory impossible.
Lebanese officials said dozens of Israel air strikes in the east of the country have killed 40 people, wounded 53.
Polls show Republican and Democratic presidential candidates locked in close fight as Election Day voting set to begin.
In last day of campaigning for Republican, Democratic presidential candidates, polls indicate race couldn’t be tighter.
My grandfather survived the first Nakba in 1948; he didn’t make it to the end of the second – this war waged by Israel.
Trump’s first term showed that while a win for him could help Russia in Ukraine, it would bring its own challenges, too.
The candidates will hold rallies in Nevada today, where Harris will be joined by Jennifer Lopez.