Barry Ritholtz, Columnist

Politics and Investing Don't Mix

Ideology doesn't help predict markets.

February 17, 2016 at 3:26 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

The signal and the noise.
Photographer: Chris Hondros/Getty Images

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Barron’s cover story this weekend asked, “Trump and Sanders: Are They Killing the Stock Market?” Noting the correlation between the rise of so-called outsiders and movement in the equities markets, the business weekly said, “U.S. stocks have fallen sharply since Trump and Sanders began rising in popularity in the polls. It could be more than coincidence.”

It could be, but I doubt it.