The S&P 500 will fall 8% by the end of 2020, according to Bank of America's equity chief, who says a Joe Biden victory could tank stocks | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The S&P 500 will fall 8% by the end of 2020, according to Bank of America's equity chief, who says a Joe Biden victory could tank stocks

Their reasons range from a relaxation in lockdown restrictions, zero cash rates, low bond yields, and a rapid healing of credit markets.

"I wouldn't paint myself as a bear, but the risks between here and year-end are completely to the downside," Subramanaian said.

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:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

aldotjahjadi8 my friend at the fed aka mr.jpow not gonna let that happen hahaha

The last election, said it would drop if Trump won the election.

Forecasting the markets is a losing proposition. Even Trump’s win in 2016 was anticipated as desastrous for the markets. The rest is history. Negate what ‘forecasters’ say and you get it right.

Is he a magat

nonsense

Hey askin for help is anyone willing to donate a $1 to my sister, nephew & I, I lost both my jobs due to COVID I filed for unemployment but waitin for the benefit and we dont have any food & bills comin up if you can help we would be super grateful Venmo or Cashapp MattMartins147

Oh it will if sleepy, creepy JoeBiden wins.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A great market divergence: Traders break down the split in the S&P 500The five largest stocks on the S&P 500 – Apple, Microsoft, Alphabet, Facebook and Amazon — have rallied double digits, but just one of the 50 smallest S&P 500 is in positive territory. TradingNation Translation: In any market, some stocks go up, some stocks go down. Hint: Start by analyzing sustainable cash flows. Thanks CNBC!
Source: CNBC - 🏆 12. / 72 Read more »