Democratic U.S. presidential candidate and former Vice President Joe Biden speaks during a Biden campaign event at a recreation center in Lancaster, Pennsylvania, U.S., June 25, 2020.Though the Wall Street consensus might view Joe Biden's potential victory as a negative for stocks, JPMorgan said Monday it thinks the Democrat's election could turn out to be a slight positive.
The bank's newfound optimism is based on its belief that the coronavirus will force Biden to moderate his policies that could create headwinds for American business. That likely means that any plans to reverse the Trump-era corporate tax cuts may ultimately be softer than currently discussed and leave markets with a more diplomatic White House, according to JPMorgan's chief U.S. equity strategist.
Pro
Pro Jamie diamond is a huge democrat and lived in Chicago for a longtime, not surprising. Socialism won’t work.
Pro lol - good luck with that. Joe should get the care and attention he deserves and be looked after. Not fair to push a poor, frail old man with dementia into the highest office in the land.
Pro Joe needs help from his wife to count the bills in his wallet.
Pro More media porn
Pro
Pro Fuck central banking thefts
Pro
Pro False. It will dump and dump hard and then they'll blame Trump and say it was his fault. You heard it here first!
Pro
Pro Joes America has been on the news daily,,,protest and antifa ran
Pro It MAY be positive ? That’s a big if man, I mean wow
Pro it doesnt matter who is president, the fed will just keep pumping money into the economy.
Pro Stfu
Pro Biden Halliburton
Pro Democrats have overseen the greatest periods of stock market growth in the last 100 years. Republicans have caused the worst crashes and recessions since 1929.
Pro And crap for the country
Pro Maybe? Similar to Clinton? Bush? Obama? No comparison to the POTUS
Pro Only if Biden administration will keep the tax cut in place ! To support the businesses, whether it’s small business or big business ! Let the Tax cut in place for another 10 years !
Pro Yeah, when they get taxed more and more regulations are added HowStupid might consider closing my account
Pro
Pro Naw, his victory will not be positive at all lol
Pro Tbh I don’t doubt joe would be a good leader. I just doubt he would be a good leader for everyone. Same goes for trump. They both are ignorant and will only listen to one group of people. I miss John F Kennedy 😞
Pro Biden has dementia
Pro Good thing JP Morgan has never lied about money before!!! 🤣😂🤣😂. Like when they told everyone bitcoin was a Ponzi scheme and got caught buying a MINT WORTH of bitcoin at the same time!!! 🤣😂. Does anyone even believe the guys anymore btc
Pro Let the ass kissing begin.
Pro In what alternate universe are liberal policies that make America less productive good for anyone? CaveManEconomy
Pro Irony is Joe has forgotten what the stock market is.
Pro What JPM is missing Biden is a do nothing politician.
Pro 'Consensus is wrong'? Then we don't have a consensus! Journalists need to go back to school for basic math and problem solving
Pro Good for the shorts.
Pro Clinton economy was a boost over bush. Obama steered America out of a financial disaster that was bush II.
Pro Who in their right mind would believe CNBC ? NBC is the network of lies. Remember Brian Williams ? He was moved to the midnight shift for his lies.
Pro Bahahaha!!!!! Hahaha!! Lol
Pro I’m really fed up with this idea that the stock market is all that matters. It’s become completely divorced from the economy and furthermore, a Biden victory is good for the planet, regardless whether the stock market sees a bump or not.
Pro False not for three industries, oil/gas, banks and biotechs/drug companies. Regulations on them. Left hate all 3. Disagree with JPM.
Pro ❤❤❤❤
Pro If Biden win，he will give out more job to China. Chinese loves sleep Joe because he will be sleep most of time and ignore China surpass US.
Pro Yet terrible for our country
Pro 😂😂😂😂 Hey Joe wake up its time for your debate with Trump. 😂😂😂😂 SleepyJoeBiden Joe Biden big corporate tax increases bye bye American jobs. 😂😂😂
Pro
Pro JPMorgan literally has an office room reserved for the devil.
Pro This sounds like covid info. B.S.!
Pro How can higher capital gains taxes higher estate taxes, higher corporate tax rates, higher personal tax rates and more regulations be positive for an economy. Whoever wrote that report must have studied socialism.
Pro At this point, what could be bad for the market?
Pro Reelection president realDonaldTrump 2020 Mike_Pence IvankaTrump SpeakerPelosi marcorubio RepEspaillat JoeBiden ewarren BernieSanders RepMarkWalker RepMeuser RepPeteStauber SenToomey SenTomCotton SenCoryGardner despiertamerica UniNoticias CNN cnni CNNEE
Pro Caution. I would stay away from this topic. This is clearly fake news.
Pro LMFAO - and some idiot here wrote Dems are always better for the economy. Democrats bloat government, increase taxes and regulations, stifle small business growth. Biden is truly a demented criminal. And JPMorgan couldn’t be more wrong.
Pro is good stating campaign on his behave
Pro The market did well under Clinton
Pro A JoeBiden presidency will not help out the stock market. He will raise corporate taxes while placing regulations on that’ll hurt the small businesses more then anyone. However, his total government overhaul may help the “elites” at the top.
Pro Utter utter garbage from permabull vested interests
Pro should be read
Pro No way. Market goes to 15000
Pro Oh really! So is buying bankrupt companies and a person with half a brain knows never to cross a crumbling bridge
Pro Lol
psuvafan007 Pro Delusional
Pro Fed will support either way...they have to!!
Pro Another far left liberal fake news. Trump has done more for business and the Dems keep destroying the economy. Only reason the stock will go up is because it’s a planned Democratic ploy.
Pro A Biden win would be devestating for our economy and many economies around the wourld.
Pro it’s time to short JPM.
Pro That's bs - good versus trump? Or maybe better than expectations with Biden?
Pro Screw the stock market. I want my fckng country back.
Pro Biden is mentally incapacitated and behind him is the socialist wing of the Democratic Party.
Pro JP Morgan ? They could have 10,000 people or more working there from janitors to CEO. But CNBC doesn't want to say who so now it's a concensus. What a joke reporting this Biden BS
Pro JoJorgenson2020 jojorgensen4POTUS VoteGoldToSaveAmerica LetHerDebate
Pro CNBC has a trust problem. We can't trust anything because of an obvious agenda. You think you can influence minds but without trust you are nothing but an empty drum.
Pro Trying to run this article again today? Ok, still false
Pro That is straight up ignorant. Do NOT invest in that company.
Pro Hahahaha Why is every push g so hard to owned by Communist CCPChina
Pro For whom?
Pro Stability always beats Chaos
Pro But not positive for this country. Help me warm up the crib and put him to sleep
Pro The man has said Elizabeth Warren will be Secretary of Treasury lol jpmorgan , you guy really are clueless
Pro Well, that trump trade war would be off the table though, right?
Pro That’s a stretch
Pro Wow. Shocking to know that the consensus is that realDonaldTrump is good for the economy. What is Biden going to do that is worst than a uncontrolled pandemic, racial divide and riots? More environmental regulations on fuel burning power plants
Pro Never
Pro They were wrong about the housing market in 2008 and filed for bankruptcy
Pro Working with CCP for better USA ?
Pro RidinWithBiden
Pro 😂😂😂👍
Pro Wrong
Pro
Pro Pay you to lie to me, pay you to give me the opposite of the consensus as the 'real' opinion? Not even for free, maybe if paid well enough.
Pro They're right, corporations would see plenty of success due to easing of regulation and corporate favoritism while the middle class...wait, the majority of America, would be neglected.
Pro Most definitely I heard Vice Presidents are to help presidents in the executive order mostly
Pro Lol, heads i win, tails I win.
Pro Bullshit!
Pro Your kidding...don't believe the polls🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲vote TRUMP
Pro I call bullshit on that
Pro Consensus is wrong, yes, about Biden having half a fucking chance in hell of winning. redtsunami
Pro
Pro Oh (expletive)! They went back and looked at the historic numbers! Since FDR (traitor to his class and enemy of business) democrats, including FDR, have always been better for plutocrats than Republicans. Only problem is plutocrats want to own government, they hate risk.
Pro 😂🤣😂🤣
Pro There wrong. We don't want a pedophile as a president. He's Democratic and there all sex addicts and Epstein death was planned to keep the exposure hidden. Biden is one of the effected.
Pro Looks like Biden got Jamie Dimon on board.
Pro
Pro If Biden wins, get out if the market as soon as you can. A $2 trillion tax hike will sink the market and bring years of stagnation.
Pro He would be non wild in things like covid will he wont he fo somthing about it making stocks go up and down more often which is trumps syle. He would reopen dialogue with the EU and other entities perhaps not china which means more flow of goods thus higher wallstreer stocks
Pro Really? How stupid do they think we are? Markets are screaming up because they know Trumps a lock. Only reason to promote Biden is to try and drive down the market so they can get in cheap.
Pro Can’t say Biden until one knows who’s is VP will be.
Pro Yeah, sure. 🙄
Pro Trump2020
Pro Riiiigggghhhhtttt
Pro Ummm NO
Pro Socialists doesn't know economy, and never will understand it.
Pro Higher taxes. All those companies that brought their jobs to America because of taxes will leave. I would.
Pro Orange gelee had a guy from Kenya take his SAT Whats up with that
Pro Time stamp this tweet. 😂
Pro It will be. More Americans will be alive to spend money. Look at Obama’s market growth 💅
Pro Bullshit.. Positive for the stock market....BULLSHIT!!!
stockspastor Pro Gtfo my feed
Pro The channel was created by Australian-American media mogul Rupert Murdoch to appeal to a conservative audience, CNBC executive Roger Ailes as its founding CEO. It launched on October 7, 1996
Pro There is zero chance the economy is going to be worse off under an administration run by competent people who want to do their jobs.
Pro You mean stability is good for financial markets.... huh, who knew........
Pro jpmorgan CEO is an never Trumper so...what do you expect
Pro
Pro Bidan will not beat Trump next president definitely trump
Pro 🤣😂, hold my beer.
Pro And trump was supposed to be bad
Pro JPMorgan wants a better environment to make money from China. Biden is their candidate.
Pro he is gonna be fit for the end of the year? 🤣? don't think so
Pro Fact is, the economy under democratic presidents has outperformed those under republicans, despite what people like Trump would have you believe.
Pro
Pro That is the dumbest thing I have hear in 4 years. I have been an money manager for 20 years and increased taxes, cap gains tax, regulations, exclusions of step up in basis and crazy left wing nut jobs will HURT the economy and markets.
Pro It will certainly be positive when the 2022 midterms make 2010 look like a minor upset
Pro 🤡🤡🤡
Pro No chance
Pro JP Morgan is on drugs !! Biden is a socialist!! Horrible for the market.
Pro I hope you were laughing as you typed that up - cause I'm sure jpmorgan was. Next up - JPMorgan says Trump winning will send the markets into a tailspin DonaldJTrumpJr
Pro Wow . . . guess that fix is in.
Pro Huh, you found one voice in a chorus against, well done.
Pro A Biden presidency would be BORING - and that’s a feature. It’ll absolutely help the market because it’ll bring back at least a smidgen of normalcy. Comfort means confidence.
Pro Yeah sure, because he’s so sharp, right?
Pro Yea, it’s called stability.
Pro Tax increases
Pro So this will be the reason for tomorrow's gap up. Great!!! $TSLA $QQQ $SPY
Pro What isn’t positive for the stock market? COVID survivor2020 FakeNews DrainingTheSwamp MediaForGood TermLimits
Pro JPMorgan Chase, and others are being accused in a lawsuit of efforts to 'cheat' small businesses out of federal PPE stimulus funding.
Pro Dems are always better for the economy. Which relies on stability, reasonable social and economic policies.
Pro Is there a China connection here?
Pro 'may be' so, anything is possible.
Pro Jamie Dimon is kissing Dem ass.
Pro 😟
Pro Dementia Joe really
Pro 🤣🤣🤣🤣
Pro Joe's like 'victory, what victory?'
Pro Biden is a criminal with brain damage
Pro Uh oh stevenmnuchin1 VP
Pro Wonder why
Pro This article says cause of the corona virus biden will be moderate like not get rid of trump tax plan. Biden said last week he is getting rid of trumps tax plan so this article is bs
Pro Lol
Pro Guarantee the market tanks
Pro How do the smartest guys in the room think that would work?
Pro MORE FAKE NEWS
Pro Trumps last stand deflates.
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