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jumanji0881

10/17/20 2:29 PM

#35937 RE: ahimsak #35935

Which election outcome is best for the stock market ?
I read an article that posited that the Dems winning the presidency and the Senate was the best outcome because it would mean a lot of spending by the Dems (ie a lot of stimulus). I think it would be better if the Reps held the Senate in order to block capital gains tax increases. Some are suggesting up to 49% capital gains taxes (ordinary income tax rate) which would be a hard hit to the stock market. What do other posters think ?