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63% of investors have changed their portfolios ahead of the US election, UBS finds - Business Insider

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63% of investors have changed their portfolios ahead of the US election — and increasing cash was the most common move, UBS survey says

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Sixty-three percent of investors and business owners in the US surveyed by UBS have changed their portfolios ahead of the US election.

UBS also surveyed investors on which candidate they prefer for the economy, and what portfolio actions they would take given a Trump win versus a Biden win.More than six in 10 investors in the US said they have made changes to their portfolios in anticipation of the election, according to a new UBS survey.

More than half of investors surveyed said they plan to make further adjustments based on which candidate wins. If Biden wins, 25% of investors would reduce stocks, and if Trump wins, 29% of investors would increase their stocks. Roughly a quarter of investors surveyed said they would increase cash with either candidate winning. Three-quarters of investors see volatility as an investment opportunity.

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I wonder why... jk I know why; In case Biden wins, investors know market will go in a recession.

this is terrible news

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