SA Sentiment Survey: Majority of investors believe Republicans will benefit stocks

Aug 23, 2024
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Will Republicans benefit the U.S. stock market more?

That’s what investors said they believe, Seeking Alpha’s latest Sentiment Survey showed.

According to the August SA Sentiment Survey, 43.8% of respondents (from more than 1,440 responses) said they believe Republicans will benefit the U.S. stock market.

Then, 22.8% of them said both will; 18.4% said that Democrats will benefit it; and 15.1% said neither will.

In addition, 84% of the respondents said they will not be making changes to their portfolio before the Nov. 5 election day.

Only 16% of them said they will, and those changes include adding “more cash,” “taking profits” and “increasing liquidity,” “buying the dip,” being “more defensive” in their trade; as well as adding “more gold (GLD)” and “reducing oil (USO).”

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