11/4/2020, 11 a.m. EST.
It's often amusing to hear market analysts use little aphorisms in their description of the gyrations [Ed.: or lack thereof,] in the stock markets.
Case in point: as I type this, the DJIA is up by almost 560 points compared to yesterday.
We in the US have voted, but the man to take the oath of office on January 20th, 2021 is still not known. Given the time required to count all of the ballots in the states, most especially in the 'battleground' states that will determine the winner, the delays due to court challenges, and the inevitable challenges and recounts should the vote in a given state be close, it may be a week or more before the matter's settled.
Now consider this phrase beloved of market pundits: 'The market doesn't like uncertainty.'
As I said, amusing.
Regards, stay safe 'n well. Remember the Big 3: masks, hand washing and physical distancing.