Election Stock Market Canada
Leger also cautions against staying out of the market if you don t like the winner.
Election stock market canada. The 2006 ubc election stock market is a financial market in which the ultimate values of the contracts being traded are based on the outcome of the next canadian federal election to the house of commons in ottawa. The iowa and ubc markets are non profit operations for research purposes. In canada the university of british columbia s sauder school of business has been operating the ubc election stock market.
Cashing out of the stock market presidential races make wall street nervous so investors often cash out as election day approaches. Investors are about to find out. Canada s main stock index is still about 10 lower than its february high.
Participants invested their own funds bought and sold listed contracts earned profits and bore the risk of losing money. With its largest trading partner heading to the polls in 11 days investors are bracing for more volatility no matter who the winner is. In our prediction markets the ultimate values of the contracts being traded are based on the outcome of political events in canada such as provincial or federal elections as well as other select economic or political events.
Unpopular presidents don t equal poor stock market performance. The conservatives and liberals are virtually tied in the polls which means that the canadian stock market has not yet. Getty images the election isn t going so smoothly in case you hadn t.
Canada s main stock index is still about 10 per cent lower than its february high. Historically inflows to money market funds which invest. These markets do not charge commissions or transaction fees.
Story continues some of the best returns on stocks occurred when the president s approval rating was in a low range of 36 per cent to 50 per cent which is roughly where it is now he said. The ubc election stock market was a financial market in which the ultimate values of the contracts being traded were based on the outcome of provincial or federal elections in canada. Why a contested election is prime time for stock market investing victoria hetherington november 7 2020 image source.