I believe it will be like this until the fifth, when people can finally get a feel for how the next administration will deal with this mess.
Must......not....look....... at 401(k).... all day........
The election has absolutely nothing to do with this. This has everything to do with horrible quarterly earnings reports, US imports collapsing, foreign exports have greatly diminished markets, and a seized up credit market. This has nothing to do with who will or will not give or take from someone a few extra dollars in a tax cut or increase.
OPEC cuts production 1.5 million barrels/day and the price of oil is still crashing. It doesn’t matter who wins the election. Right now who will be the next president of the US is the farthest thing from their minds now. They are more worried about survival.