It’s crucial to distinguish economic from political uncertainty, because only one really moves the stock market.
It may take weeks to tally the midterm election results. Here’s why Wall Street isn’t worried.
In short
Tallying the midterm election results may take weeks, but Wall Street is unconcerned by the potential delay. Market movement depends on the crucial distinction between economic and political uncertainty, as only one of these factors genuinely impacts the stock market.
Key points
- Tallying the midterm election results may take weeks, but Wall Street is unconcerned by t…: Tallying the midterm election results may take weeks, but Wall Street is unconcerned by the potential delay.
- Market movement depends on the crucial distinction between economic and political uncerta…: Market movement depends on the crucial distinction between economic and political uncertainty, as only one of these factors genuinely impacts the stock market.