{"id":132420,"date":"2024-07-05T11:00:59","date_gmt":"2024-07-05T08:00:59","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132420"},"modified":"2024-07-04T18:15:27","modified_gmt":"2024-07-04T15:15:27","slug":"will-bidens-debate-struggles-affect-stock-market-confidence","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-bidens-debate-struggles-affect-stock-market-confidence\/","title":{"rendered":"Will Biden&#8217;s Debate Struggles Affect Stock Market Confidence?"},"content":{"rendered":"<p>Market trends have closely mirrored the fluctuating fortunes of Biden and his Republican opponent, former President Donald Trump, observed Adam Turnquist, chief technical strategist at LPL Financial.<\/p>\n<p>He noted a correlation between market movements and Trump\u2019s electoral prospects since March, suggesting that market sentiment aligns with perceptions of political stability rather than endorsing specific policies.<\/p>\n<p>Turnquist emphasized that market reactions indicate a preference for certainty over uncertainty, with earlier trends showing a positive market response when Biden was initially favored to win.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/us-economy-on-brink-of-recession-dire-warning-from-bca-research\/\" title=\"US Economy on Brink of Recession: Dire Warning from BCA Research\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/market-downtrend-btc-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">US Economy on Brink of Recession: Dire Warning from BCA Research<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Recent debates and subsequent speculation about Biden\u2019s candidacy have intensified concerns within the Democratic party. While the White House has affirmed Biden\u2019s commitment to remain in the race, Vice President Kamala Harris has gained traction in betting markets as a potential alternative.<\/p>\n<p>Meanwhile, PredictIt odds favor Trump\u2019s reelection at 59%, contrasting sharply with Biden\u2019s diminished support at around 16% post-debate.<\/p>\n<p>Polls following the debate reflect a tightening race, with Trump pulling ahead in some surveys, underscoring ongoing uncertainties in the political landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As President Joe Biden faces mounting challenges following a tumultuous TV debate last week, investors are contemplating the potential market impact of any shift in Democratic leadership.<\/p>\n","protected":false},"author":3,"featured_media":86627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-132420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Biden&#039;s Debate Struggles Affect Stock Market Confidence? - CryptoDnes EN<\/title>\n<meta name=\"description\" content=\"As President Joe Biden faces mounting challenges following a tumultuous TV debate last week, investors are contemplating the potential...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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