"In our industry ... there's a general perception that it would be a significant equity market correction if she were to win," says David Zervos, chief market strategist at Jefferies.
"But people forget she's not that different from Obama. If you put the two of them side by side in 2007, they had very similar agendas — healthcare, regulation and financial, and energy and environment," he told CNBC's "Squawk Box." Under Barack Obama, the stock market soared, with the Dow Jones Industrial Average jumping more than 140% by the time his term ended.
Democratic presidential candidate Sen. Elizabeth Warren speaks during a rally in Washington Square Park on September 16, 2019 in New York City.presidency would likely be tough on some sectors, but it might not hit stock markets as hard as feared, a Jefferies strategist suggested on Wednesday. Warren, a Democratic presidential 2020 frontrunner, has bashed the rich — proposing a wealth tax — and lambasted the financial industry among other sectors. As the Massachussetts senator
Really.? How naive and dangerous.
What a shame to the country if she becomes the president... Even Hilary did no chance
It’s an instant recession. Biden 2020 !!!
Bad for stocks? She'd suck at literally EVERYTHING. JUST LISTEN TO HER. Are you seriously considering this woman as the POTUS? LOL
Let's see .... 1. The Fed has ruined the Time Value of Money, it's over. 2. The $23 trillion National Debt is unsolvable. 3. The Federal Government is the most corrupt mafia on the planet. 4. Mainstream Media is running a cover-up of all the above. 5. Bitcoin sounds better .
Let’s keep Trump, the stock market is doing fantastic, let’s not touch it
Yes it would
Especially if there's a Labour government in the United Kingdom.
This pile of diarrhea doesn’t smell as bad as I thought it would.
Lol!!!!
Of course it’s not! Unless they prefer the instability and craziness of our current orange traitor
Stock market will crash if Warren or any Presidential Democrat wins the presidency.
Oh so aids and bladder cancer combined instead of the Ebola and brain tumor combo we expected? Yeah that still absolutely sucks.
B as in B and S as in S
Really
You speak with forked tongue NBC.
CNBC Dem hate news, you must be kidding.
Man CNBC is becoming almost as in the bag for the Democrats as MSNBC
CNBC: See Warren Is not that bad!
An intelligent President with a plan always trumps a moron without a clue.
Never as bad, never as good. Leaders don't change the course of rivers.
Stocks, maybe not. Citizens, yes.
Thank goodness we’ll never know.
Why are you selling this ? There has not even been a primary?
Depends. Short term? BAD! Long term? Amazing. Stock market valuations are distorted based on buy backs, gimmicks, and anti-competitve business practices. ewarren and BernieSanders will reverse that which will cause ST pain but will allow good business to grow LT
The process is painful and very unprofessional , also a very bad example for children , grown men and women throwing barns , news sells
What socialist economics are willing to do for fame and $!!! Anyone getting a B or better in a Micro class knows her approach is neither feasible nor would do anything but create economic havoc for decades
Lol bullshit
Wrong....her Accountability Capitalism plan would turn corporations into de facto non-profits. No profits then equities are worthless at a time many retirees & elderly are invested in stocks due to low interest rates. Her plan is bad & would hurt the elderly and retirees.
Didn’t you guys just say last week the market would tank 20% or more if she got elected walkback
This is just irresponsible for a business network to print.
Preemptive wishful thinking
Trump2020
Mark Mobius says opposite of said strategists that NBC now gives said strategist its national stage. Consider the source (NBC) when making decisions about investments. LOL
“May not be as bad”. Does that mean “Good”. Trump 2020. No contest. Ask your own Joe Kiernan what he thinks. Stop your crap CNBC!!!
I would go short if she has a shot of winning..
Barack Obama STARTED in office with the market close to all time LOWS. She would start near all time HIGHS . It WOULD drop like a rock . If she is the nominee, I will sell EVERYTHING.
Don’t help her
Bullshit. Communism is never good for capitalism. It only uses capitalism to destroy democracy.
Let’s not find out.
Would definitely be bad for the country.
Why would a financial network publish this nonsense? SquawkCNBC
What strategists? The same ones who said a Trump presidency would never happen? 🤔
unsuccessful strategist with no money or assets
Nope. They’d be worse
wut? Oh right, CNBC will always be bullish.
What a naive analysis! All one has to do is look at Warren’s work history and the policies she has put forth. She does not have the skill levels required to be President. Her presidency would be a disaster for the stock market and the economy in general.
Reduce your greed levels ... She is going to do just fine ...
Lay on the bullsht. She would tank the market and u don’t need a degree in economics to figure that out.
No, they will be worse.
Want to bet? It will be catastrophic for stocks and the economy
Nope won’t be bad be disaster
Bullshit
Regardless of anyone’s views on Warren, a comparison to Obama because they both had similar macro agendas is like comparing trump to warren because they both switched parties and at one point each supported a wealth tax. This is loose speculation and bad writing.
Nah. I don’t think that’s gonna fly.
It’s gonna be horrible for my pocket!
Yes like China’s stock market maybe
No it’ll be much worse
It will be worse.
I can see insane Jim crammer, endorser of Warren behind this article. I believe china will find a way to stop economic bullying by USA.
Karoli If her policies steer corporate dollars into actual investment for growth (i.e., productivity) instead of short-term gains via mere accounting savings, she could indeed be good for stocks in a longer term. And if you're in stocks you're SUPPOSED to be in for the longer term.
Ummm...some as in some minute percentage of investors. Yes, her Presidency would be horrible for the stock market and most Americans
Sounds like propaganda
But might be for the clash of generations and creating an environmental restrictions on differences and way of understanding as well recreate the European model of physical advancement and middle ages mindsets that are conflicting with the Silicon age.....
Liberal strategists who don't mind lying to get her pushed thru to the Nom. What a joke
Bc almost none of her ideas would make it through Congress. If she could win a general election
Breathyness will still rise by 200% though.
But still, it’s bad
Foreign stock’s
Lol...Another Trump hater.
and their anti-Trump views... trying to influence an election... How pathetic of them
Are you kidding? Jump on board her band wand lose your job
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....but it will be terrible for everyone’s paycheck 🤣
So we aren’t hiding the fact that we are plutocracy anymore are we?
You wanna make a bet? Watch what happens to the market if she even becomes the candidate. The market will tick down with every state she wins in the primaries.
What strategists has said this? You tweet out crap like this with no proof. justsayin MAGA KAGA FakeNews
Yeah it’ll be worse
CNBC is now pure Propogandist
No shit, normal people could afford to invest in the stock market again.
Nice try
This is flat out propaganda.
So, you’re saying a Warren presidency wouldn’t be good for stocks. Got it. 💸