Why election result is 'best of both worlds' for stocks: JPM's Kolanovic - Business Insider

and potential Republican control of the Senate is "likely the best of both worlds for stocks," according to Marko Kolanovic, JPMorgan's global head of macro quantitative and derivatives strategy.

In a note on Friday, Kolanovic said markets should turn the page after Tuesday's election. The election of Joe Biden will help remove a sizable amount of uncertainty from the market, especially if the final results are not contested by President Trump. Biden as president means investors should expect an easing in America's trade war, which should help boost global growth and corporate earnings, according to the note. Additionally, stock market volatility could be lower under a Biden presidency as there will likely be no market disrupting tweets that catch investors by surprise, Kolanovic said.

And if Republicans are able to retain control of the Senate, it would ensure that Trump's pro-business policies, like a lower tax rate and de-regulation initiatives, stay intact.

DecisionDeskHQ

DecisionDeskHQ FRAUD

DecisionDeskHQ Biden* is an impotent, benign placeholder until the next election. * not my president

DecisionDeskHQ Ok, and until January 2021 what will happen to the market?

DecisionDeskHQ More good news please(((

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market investing: 4 ways to play value rebound, from JPM CIO - Business InsiderA JPMorgan investment chief overseeing $5.4 billion breaks down 4 sector-specific strategies for beaten-down value stocks poised to rebound as vaccine progress boosts economic growth Looking for T-shirt Logo Designer? Contact t
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

T-Mobile for Business BrandVoice: Why Taking Care Of Business Took On New Meaning In 2020“Taking Care of Business,” – a content and podcast series I host, gives me the opportunity to speak with some of the biggest game changers and business leaders to learn how they are driving new innovations, navigating the challenges of 2020 and shaping organizational cultures.
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

Fed to boost monetary-stimulus efforts as COVID-19 cases surge: JPM - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Trump Agonistes: The Rise And Fall Of DonaldTrump In Three Acts - via nyi_news
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

US economy to shrink in 1st quarter of 2021 amid virus resurgence: JPM - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Unless a divided Congress can reach a deal to extend the programs, the country's economic suffering could skyrocket. 🙄 We at inplaceimpact implore you to take an hour of your time to learn how a new form of community-based economy can help America's economy through and out of COVID
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Stock market crash: Why Bitcoin's surge risks meltdown, says Albert Edwards - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good What’s up will go down! This apple is too ripe and soon drop down to $7,000!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »