Trump COVID FAQs

Market Blog

First and foremost, we wish President Donald Trump and First Lady Melania Trump a swift and full recovery. This October surprise raises the already high level of political uncertainty markets are dealing with as Election Day approaches. As market participants digest this news and consider the possibility that the President may not be able to fulfill his duties, markets may become more volatile. However, we believe Trump’s odds of beating the virus, as the United Kingdom’s Prime Minister Boris Johnson and Brazil’s President Jair Bolsonaro did, are quite good. As the President and first lady of the United States, Donald and Melania Trump will be monitored closely and have ready access to the best health care in the world. Continue reading

Market Update: Thurs, Oct 1, 2020 | LPL Financial Research

Daily Insights

Stimulus hopes give stocks a lift. Stocks ended a down month with solid gains on Wednesday, the fourth gain in five sessions. Markets are looking to add to those gains this morning to kick off October (and the fourth quarter) on the possibility that the White House and House Democrats can agree on a stimulus package. Continue reading

Market Update: Wed, Sept 30, 2020 | LPL Financial Research

Daily Insights

Stocks opened higher. US equities reversed earlier losses following a contentious US presidential debate Tuesday night that raised more questions of a potentially contested election. On the flipside, House Speaker Nancy Pelosi noted positive discussions with US Treasury Secretary Steven Mnuchin regarding an upcoming COVID-19 stimulus deal. Asian markets were mixed overnight; European shares are little changed. Continue reading