NEW YORK (TheStreet) -- The November presidential election could heighten volatility as we get closer to it, said Stadion Money Management Portfolio Manager Will McGough on Fox Business' "Mornings with Maria Bartiromo" Wednesday.
There seems to be a correlation between the markets and the two presidential candidates, Republican candidate Donald Trump and Democratic candidate Hillary Clinton.
During the presidential debate on Monday, futures rose when Democratic presidential candidate Hillary Clinton seemed to be winning, noted Fox Business' Dagen McDowell.
"The election, as we get closer, could raise volatility and it certainly does. I mean, you can watch the Hillary/Trump spread and that draws markets up or down," McGough said.
"So bottom line is, if Trump wins what does the market do? If Hillary wins, what does the market do?" Fox Business' Maria Bartiromo asked.
"People say the market is going to go down with Donald Trump because of the uncertainty of some of his policies. They don't know how it will play out. They know that Hillary Clinton is a crony capitalist and she'll continue the policies of the last administration," Recon Capital CIO Kevin Kelly explained.
Picking up on trends like this one are what ultimately moves markets, McGough added.
"When people start keying in on these drivers of markets, and they change from time to time, that's how markets move and trends follow and people make investments for whatever the market could do," McGough explained.