Election uncertainty poised to bounce from the worst week since march businesses are bracing for election unrest. Live in manhattan. Well take a look at how companies are preparing for the unknowns of this week ahead. And with no preelection stimulus lifeline, how airlines are now preparing to stem the losses and lure passengers back in to their seats. Carl all right, jim, what do we think is going on this morning doesnt sound like you trust futures at this level. We really sold off terribly friday until the last half hour. This is continuation of what looked like a short covered rally. I think a lot of people who are betting that no matter what happens it will be contested and therefore the market has to go down so, why not just come in short my problem with that is what happens if its actually not contested . What happens if its a landslide for either side. The reeason i point that out if youre betting on a contested election its entirely possible with our 24hour coverage its entirel
Lets get to dohm. Were watching markets for the s p 500 that have posted about a 1 gain over the last three months and for those people who are keeping track of some of the election markets statistics, its a big number. In the three months prior, some analysts and strategists note that if the market is higher in the three months before an election, its the incumbent party that wins. Well see if that trend plays out. You can see for the s p 500 in that three month span we got a 1 gain entirely because of just today. You wonder whether or not that could play into some of those associations or correlations people talk about with regard to markets and the election overall. But beyond that, there are some interesting themes developing over the course of the past week if you take a look at the outperformers and underperformers, many of them have to deal with the cyclical and value oriented Sectors Technology versus Communication Services, there is a bit of outperformance in Communication Ser