Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.President Donald Trump and Democratic challenger Joe Biden are the "diametric opposites" of what the US economy needs, Saxo Bank's chief economist said on Thursday.
Saxo Bank outlined three distinct outcomes between October and the presidential inauguration on January 20.Visit Business Insider's homepage for more storiesPresident Donald Trump and Democrat nominee Joe Biden are the "diametric opposites" of what the US needs, Steen Jakobsen, Saxo Bank's chief economist said on Thursday.
Saxo Bank outlined three outcomes between October and the presidential inauguration on January 20, 2021:, to which the bank attaches a 40% probability, could see a spike in volatility, a broad equities sell-off from uncertainty, a weaker US dollar, and stronger gold., with an equal 40% probability, could also bring a sell-off in equities , a rally in green-energy stocks, and higher interest rates as both houses of Congress would hold the "power of the purse.
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.
Instagram star @MrsDowJones shares an inside look at a day in her life - 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 »
Peloton stock investing outlook: Analyst, survey warn it's expensive - Business InsiderPeloton's market cap just reached a record $32 billion — but a new survey and Wall Street's solo bearish analyst warn its valuation should be less than half of that. Here's why investors should be cautious.
Source: BusinessInsider - 🏆 729. / 51 Read more »
VCs explain why Aurora is one of hottest names in self-driving cars - 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 »
Instagram boss: Foreign social media influence a risk in 2020 election - 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. Wondering what the result would be, all the way around, if all social media shutdown for 2 weeks prior to election? Or perhaps, one week before the election. It would be one way to keep bad actors from interfering in election. No shit Sherlock I really wish Insta would break away from FB. Adam seems to be a pretty great leader of that company. He's always very upfront with the community...unlike Zuck.
Source: BusinessInsider - 🏆 729. / 51 Read more »