Indicators Show: Survey Data and Election Day

indicators show: But if that were to change equity markets could sell off before voters go to the polls, he said, according to Market Watch. That's because fear of such a unified government outcome on Election Day 2020 is substantial at the same time that confidence, so very important to markets and economies, remains fragile albeit stabilizing, Emanuel said in a Sunday note. Instead, they should pay close attention to prospects that either Democrats are on track to take control of the Senate, where Republicans currently hold a majority, or that Republicans are on track to take back the House, said Julian Emanuel, chief equity and derivatives strategist at BTIG. Odds of either happening appear small at present. Survey data and other indicators show chief executives remain wary of the futures and hesitant about planning, particularly with regard to capital spending, as the trade wars have taken both a psychological and a real toll on businesses, he said. In the United States, equity returns during periods of divided federal government have typically exceeded returns achieved when one political party controls the White House, Senate, and House of Representatives, they wrote. Meanwhile, analysts at Goldman Sachs, in a Monday note detailing their 2020 U.S. equity outlook, warned that political maxims such as United we stand, divided we fall' do not necessarily hold in investing. (news.financializer.com). As reported in the news.