Election Affects Stock Market

Going into the election, people were thinking that the stock market was going to do poorly so they sold their stocks. However, right now the stock market is booming and is almost at an all time high. Looking at the data from past election day stock markets, it seems that this is a typical pattern. Brokers believe that the stock market doing well is only short run, and will soon go back to breaking even. The stock market is a great example of supply and demand, since the supply is always constant, while the demand always changes. People believed that the demand was going to go down, however the stocks ended up being in higher demand.

 

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