It’s here! It’s Super Tuesday!ย
The races to watch today. Alabama, Alaska caucus, American Samoa caucus, Arkansas, California, Colorado, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas, Utah Democratic primary, Utah Republican caucus, Vermont ย Virginia, and the Iowa Democratic caucus, which is by mail only.
President Trump won the North Dakota primary caucus with 84.6% of the vote to Nikki Haley’s 14.1%. That gives him 29 North Dakota delegates.
THE MARKETS
The markets will be watching. Investors want to know which way the wind will blow.
The deVere CEO says, as always, there will be โclear sector winners and losersโ if there is either a Red Wave or a Blue Wave โ where Bidenโs Democrats get the sweep โ with historical patterns and policy preferences of each candidate providing insights into potential sectoral impacts.
โFor example, a Trump victory would favor traditional energy companies, including oil and gas producers; whereas Biden has shown strong support for clean energy. Renewable sectors, such as solar and wind, would therefore likely see increased government support and investment.
โElsewhere, Biden has expressed support for expanding the Affordable Care Act (ACA), which could benefit healthcare providers and insurance companies, but pharmaceutical companies could face more pressure to lower drug prices, impacting their profit margins.โ
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