• Wall Street's biggest banks are increasingly expecting a Biden-led blue wave as the election looms. Here's how they say you should position your portfolio

    12 days ago - By Business Insider

    Eric Thayer/Reuters
    As Democratic presidential nominee Joe Biden's lead in the polls widens, Wall Street is warming to the prospect of a Democratic sweep in November. Goldman Sachs and UBS recently advised clients to prepare for a shift to cyclical and value stocks from growth favorites, as a Biden victory increases the odds of additional fiscal stimulus. The yield curve could steepen as investors prepare for rising inflation and stronger economic growth, UBS added. Investors should buy a knee-jerk dip in stocks and sell long-dated Treasurys in the event of a Democratic sweep, Morgan...
    Read more ...

     

  • Wall Street's biggest banks are increasingly expecting a Biden-led blue wave as the election looms. Here's how they say you should position your portfolio

    Wall Street's biggest banks are increasingly expecting a Biden-led blue wave as the election looms. Here's how they say you should position your portfolio

    12 days ago - By Business Insider

    Summary List Placement
    As Democratic presidential nominee Joe Biden's lead in the polls widens, Wall Street is warming to the prospect of a Democratic sweep in November.
    Goldman Sachs and UBS recently advised clients to prepare for a shift to cyclical and value stocks from growth favorites, as a Biden victory increases the odds of additional fiscal stimulus.
    The yield curve could steepen as investors prepare for rising inflation and stronger economic growth, UBS added.
    Investors should buy a knee-jerk dip in stocks and sell long-dated Treasurys in the event of a Democratic sweep, Morgan...
    Read more ...

     

  • Only One Poll Shows Trump Leading. I Interviewed The Poll's Director

    12 days ago - By Forbes

    As poll after poll show a big lead for Joe Biden, I asked the Democracy Institute's Patrick Basham why his poll looks so different than the others - and why it's getting so little mainstream media play. .
    Read more ...