In theory, that should bode well for President Trump since a bull market has historically benefited the incumbent. But Trump is trailing Democratic challenger Joe Biden in many head-to-head national polls. Although the market's sharp rebound since March could be viewed as a sign that investors expect the coronavirus-induced recession to be brief, you need to dig deeper and look at how the recovery is unfolding.
And it's only September — a lot can happen in the two months before the election. Trump could make a comeback in the polls after the debates. Positive news about possible Covid-19 vaccines could also benefit the incumbent.But other experts also think Wall Street is signaling that it expects Biden to win, and that this could be a good thing for the continued economic recovery.Wall Street's worst nightmare isn't Trump or Biden.
MARKETS predicting landslide win for TRUMP. nearing 30000 on the dow. TRUMP 2020
JoeBiden the zionist
😆😆😆
This is a terrible take....My God CNN....You guys suck
Democrat mandates are better than Republican mandates for the stock (and for America of course). Biden2020 BidenHarris2020
I like what I’m hearing 😁
JP Morgan disagrees!!!!😂😂😂😂
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Source: BusinessInsider - 🏆 729. / 51 Read more »