Every four years, the U.S. presidential election has a significant impact on policy, laws and the economy. But how will the result affect the overall stock market? Your money? And more importantly, how will the election impact internet stocks we’ve been loving all quarantine?
In case you need another reminder, the election is only seven days away…
And I’ve been receiving a lot of emails and questions from traders asking me what certain stocks are going to do in the aftermath. But the most common one I’ve gotten is: “How will the presidential election impact internet stocks, both big and small?”
The answer is rather simple: it won’t.
In fact, the election might not have as big an impact on the market as we thought… That’s mostly because of how the year began with the pandemic and how the central bank and federal government stepped in to keep things afloat.
You see, making money cheap and increasing liquidity within the market is a huge catalyst for the price of stocks.
The last time the U.S. Federal Reserve did this was in 2008. And between 2008 and 2014, the size of the global market doubled — from about $35 trillion to between $60 trillion and $70 trillion.
Obviously, the presidential election will have some regulatory impact on the market. But I believe COVID-19 will shape the next four years — and the world’s economy — more than the election.
That’s great news for traders and investors. And as I’ll explain in today’s video, it gives us a concentrated focus of where money is flowing in the market with a lot less political uncertainty to throw us off track.
After you watch today’s video, leave a comment in the section below. Were you initially worried about how the election would impact internet stocks? And did you find this video helpful? I hope I answered all of your questions, and I look forward to hearing from you.
P.S. Even if you don’t follow the stock markets or investing closely…