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Goldman warns delayed election results this November similar to Bush-Gore could rock the market

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Goldman Sachs is warning that the upcoming presidential election could see delayed results.

The firm recommends that clients hedge their market bets through December in anticipation of heightened volatility through November.Ron Adar | Echoes Wire | Barcroft Media via Getty Images; Mandel Ngan | AFP | Getty Images

Goldman Sachs Chief U.S. Equity Strategist David Kostin said that a number of factors could delay the results beyond November 3, including a rise in mail-in ballots as Covid-19 keeps people from voting in person. Kostin noted that traders in the options market seem to believe the next president might not be announced on Nov. 3. Looking at that market, he noted that implied volatility around the election is "extremely high compared with prior cycles." Some of this has to do with the ongoing impacts of the coronavirus, of course, but the especially high level of implied volatility directly before and after the election suggests that traders believe the outcome could be uncertain.

 

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Still think biden is afraid to debate🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲

Better start counting the dead vote now then.

Goldman warns delayed eating contest results this November similar to Bush-Gore could rock the market

How many are in the Goldman warns department? Are they diverse?

stoolpresidente,Investingcom Goldman Sachs is a dinosaur, irreverent in this new age market, especially that everyone knows that this company push stocks that they own, and pull back stocks that they want to own.. a total scam

Correct

don’t worry. BIDEN WINS IN A LANDSLIDE

It's simple Biden will tank the market.

Trump2020

Except Biden has no chance or even reason to be running. 🇺🇸🇺🇸

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