Equity markets appeared to disregard the potential risks associated with antitrust lawsuits targeting some of the largest technology companies in the United States, Goldman Sachs said in a report released on Friday afternoon.
The federal government's focus on antitrust issues was highlighted on July 9, 2021, when President Biden issued an Executive Order to encourage regulators to take a stronger stance on antitrust policy. Despite the interest in strategizing for post-election market scenarios, most equity investors consider it premature to adjust their portfolios for the potential election results.
President Biden is currently trailing in this key state by 2 percentage points and by an average of 4 percentage points across seven swing states.
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