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Goldman Sachs says stocks are not pricing in these two risks

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Goldman Sachs says stocks are not pricing in these two risks

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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