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CNBC: “Worried about contested election? Here’s what went down in stocks during 2000 Bush-Gore battle”

By admin_45 in IN THE NEWS CNBC: “Worried about contested election? Here’s what went down in stocks during 2000 Bush-Gore battle”

Excerpt from CNBC quoting DataTrek co-founder Jessica Rabe:

.... "In the end, the question isn’t which stocks — whether tech stocks, or any stocks — might tank amid election squabbling. It’s what stocks to buy after market volatility takes its toll to gain the quickest rebound in the U.S. market.

Think small, according to DataTrek.

“Small caps should outperform from a contested 2020 outcome like they did in 2000, especially if Congress passes more fiscal stimulus to help spur U.S. consumer spending given their outsized exposure to the US economy,” said Jessica Rabe, DataTrek co-founder"....

Read the full article here on CNBC!

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