The market could be on the verge of experiencing an internal rotation out of the winners and into the losers, sparked by a Joe Biden win this November, JPMorgan said in a note on Monday.
JPMorgan pointed to the 2000 election with Al Gore and George Bush as proof that the market won't do well in a contested election scenario between Trump and Biden. The S&P 500 fell 12% between the 2000 November election and shortly after Gore conceded that December. But a turn in the market leaders, like growth and technology stocks, "might be coming" after the November election, JPMorgan said.
A successful COVID-19 vaccine would help hasten the reopening of the economy, which in effect would benefit value stocks that are more tied to the physical economy. But a bigger benefit to value stocks would be a strengthening US dollar and a rise in Treasury yields, according to JPMorgan.
Why on the hell would someone in their right mind vote for biden 🤦♂️🤦♂️🤦♂️
Lame
Stock exchanges and policies need to be revamped
Looking for a Creative Logo, Business Logo, Travel Logo, Branding Logo, Company Logo, Professional Logo, Minimalist Logo, Flat Logo, Logo Design. contact me:
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the fight to save Rent the Runway - 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. Someone should report on them dropping their unlimited plan in early 2021 only to offer a limit of 16 items per month at a $30-60 increase in monthly cost at that tier vs unlimited. They say it's because customers aren't interested in unlimited and yet they limit and charge more?
Source: BusinessInsider - 🏆 729. / 51 Read more »
4 things business leaders should do to help their employees refuel - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Biden told governors not to endorse him over fears of Trump retaliation - 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. Retaliation comes to China a Russia VoteBiden Protecting the people before he even takes the seat. 🇺🇸 In stark contrast, Trump opted not to nationally test for a perceived political advantage i.e. genocide for an election edge. A clear violation of his oath to protect the American people.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump adviser attacks Biden for masks even after Trump's illness - 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. No some of us can flaunt the rules and show how little we care for others, by making them sick . It’s called leading by example... Damn right we can! I bet Trump wished he did... if he really has COVID!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock-market crash signal with 30-year record of doom flashing for big tech - 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. Rule no. 1. In Investing. Ignore the advice of so called 'experts'. Please more 'why's it so expensive' videos and less 'stock market might drop at some point in the next year, might not, if we really knew we wouldn't be writing for BI' articles
Source: BusinessInsider - 🏆 729. / 51 Read more »