Election Day Market Update: Positive Movements and Economic Insights

On Tuesday, November 5th, Brian Szytel provides a market update from West Palm Beach, Florida. Despite the busyness of election day, the markets showed positive movement, with the Dow rising 427 points, the S&P up 1.25%, and the Nasdaq up 1.4%. Bond yields also saw a slight drop. An anecdote features a sighting of Trump's motorcade. Economic highlights include a strong ISM services number for October, the highest in two years, and a notable increase in the trade deficit for September. The mix of higher growth and lower inflation figures contributed to the day's market optimism.

00:00 Introduction and Market Overview

00:40 Election Day Anecdote

01:14 Economic Data Highlights

01:51 Trade Deficit Insights

02:23 Conclusion and Sign Off

Links mentioned in this episode:

TheBahnsenGroup.com