US election 'blue wave' will create a stock picker's market: Ronald Temple - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

'I don't think this is a story where you basically sell your tech stocks and buy fossil fuels, it's actually the opposite,' Lazard Asset Management's Ronald Temple says.

A Democratic sweep is Temple's base case for the outcome of the presidential election on November 3. But he also acknowledges a divided government, or contested election result, is still possible due to a number of factors. For each of the US election scenarios, he is asking investors to think about the policy implications and the risk-reward balance of those policies for individual securities in their portfolios.

However, if Democrats pursue other policies first, such as social justice issues, then the ending secular stagnation theory is out the window, Temple said. "I don't think this is a story where you basically sell your tech stocks and buy fossil fuels, it's actually the opposite, some of the tech stocks would continue to do well, because some of these infrastructure investment programmes might lift their growth rates," Temple said. "So this is likely to be a stock pickers market, in my mind, with an emphasis on quality, and on returns and count on capital in the market now and into the future.

For healthcare, it also creates a mixed bag. There might be challenges for large pharmaceutical companies in terms of price negotiations for products. However, hospitals could also benefit from a Democrat-controlled administration, with more people having access to hospitals and insurance, which would favor the med-tech and medical devices fields, Temple said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

One nation, one plan? Wow...that's seen in communist countries 😳 this isn't funny anymore!

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Inside Bombardier's new $9.9 million private jet: Learjet 75 Liberty - 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. wow Yeeee beautifully No thx, I’ll always fly commercial biz class! These planes destroy our planet!
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside Quibi's $1.75 billion rise and six-month fall - 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. Forget about Quibi. My website doesn’t spy on you and everything is free to watch. www. Meg Whitman ruined HP, she ruined Aquino, and she didn’t do much at PayPal.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Billion Dollar Loser book: Inside WeWork CEO Adam Neumann's Summer Camp - 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. WeWork Tommy Wiseau?
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

An Inside Look At This CEO’s Refreshing Way Of Doing Business In The Beverage IndustryFor Certified Holistic Educator, Raw Food Chef, Plant-Based Nutritionist, and Founder of organic juice brand Garden of Flavor Lisa Reed, it’s all about the juice.
출처: Forbes - 🏆 394. / 53 더 많은 것을 읽으십시오 »

Stock market performs better when incumbent president wins reelection: LPL - 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. ☑For responsive business website Except when that incumbent is a liar and con artist. Studies show the economy will do better under president Biden Now do GWB -- Obama
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

A look at stock market history around elections and whether politics really matterEd Clissold, Chief U.S. Strategist for Ned Davis Research, breaks down the history of election's impact on markets. the last 2 times we changed president, the markets moved more than 20% the remainder of the year. (down for Obama, and up for Trump) Here's a graph showing an instantaneous market reaction to an election: Ok now compare to the last time trillions in central bank money has been unleashed leading into an election.....and mix in a pandemic, and mass unemployment just for fun. 'But this time is different'
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »