2024 Presidential Election Risk

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Predictions market Polymarket

Yahoo Finance

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2024 election: Top portfolio plays for a Trump or Harris victory

Summary

Nutrition label

82% Informative

So far this year , the S&P 500 (^GSPC) has rallied 20% , making 2024 the best Election Year through October since 1936 .

But that outperformance could be at risk, at least in the immediate term, as the too-close-to-call race is largely expected to trigger market volatility.

Predictions market Polymarket currently shows a 59.5% chance that Donald Trump will win the election, and that’s prompted a return of the so-called Trump trade.

The former president's promise to roll back the Biden administration’s EV policies on "day one" could have significant implications.

Oppenheimer named D.R. Horton a top housing play.

The SPDR S&P Homebuilders ETF declined 1.6% for the week , bringing its one-month loss to -8%.

VR Score

Informative language

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Article tone

formal

Language

English

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Offensive language