What the Stock Market Did Last Time There Was a Contested Election
A contested presidential vote tops the list of investors' fears -- despite coronavirus, widespread unemployment, and the deadlock over another stimulus bill.
A recent poll of 700 investors by financial consultancy deVere Group found that 72% of respondents said a disputed election is their biggest 2020 investment worry. Those who were already worried that on Nov. 3, there won't be a clear winner, got little comfort during the first presidential debate, as President Donald Trump again raised the possibility of challenging the vote in his face-off against Democratic challenger Joe Biden.
While 2020 has been filled with unprecedented events, a disputed presidential vote would not be among them. Twenty years ago, the nation spent 36 days in limbo wondering whether George Bush or Al Gore would be the next leader of the free world.
Source Fool.com
