Donald Trump and Hillary Clinton aren’t moving the stock market. Oil is.
Investing experts say that the latest moves in crude following the agreement by OPEC to freeze production is the biggest factor behind the market’s recent mini-rebound.
The latest polls showing Clinton expanding her lead over Trump? Noise.
The same might even be said about what the Federal Reserve and other central banks around the world plan to do with interest rates. The Fed is likely to raise rates in December. Other central banks are probably staying on hold. There’s little mystery there.
