JPMorgan defies Trump, says Biden presidency could help stock market - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Trump claims a Joe Biden presidency would cause stock gains to 'disintegrate and disappear,' but JPMorgan says it could actually boost the market

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Trump attacked presidential hopeful Joe Biden on Monday morning, saying that stocks and 401ks would "disintegrate and disappear" under a Biden administration.

On Monday, Trump tweeted that if Biden wins the presidential election in November, stocks and 401ks would "disintegrate and disappear."The president claimed that Biden would usher in "massive tax hikes" that would make people "very poor, FAST!" Yet JPMorgan said in a note to clients on Monday that a Biden White House could be a boon to the market. The firm's analysts say it's not likely that the former vice president's economic strategy would cause the stock market to tank.GOLDMAN SACHS: Buy these 13 stocks that are poised to crush the market within the next 2 weeks as earnings season gets underway

With the economy still battered by the coronavirus pandemic, the investment bank projected that policies to speed up the recovery would likely anchor the first half of a Biden term.

 

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

Who at JPMorgan? janitor answer the phone for questions?

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

JPMorgan: Why record debt will boost global stocks and bonds - 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. Until they start taking about a debt deflation bubble. 🙃🙃
Source: BusinessInsider - 🏆 729. / 51 Read more »

US-China tensions: Goldman Sachs creates new stock market barometer - 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. Looking for Logo , Business card, Banner, flyer for your company or business? Order me or contact me for your design. interesting Hmmm.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Next stock market crash: 3 key technical indicators to watch from BofA - 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. Fauci Says U.S. Risks 100,000 Daily Cases in Dire Virus Warning ['
Source: BusinessInsider - 🏆 729. / 51 Read more »

Europe believes Biden would repair Trump's damage to European alliance - 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. Propaganda European diplomats just want someone else to pay for the things they're responsible for You mean European Globalists want Joe Biden because he is also a fellow Globalist. How long will it take War Hawk Biden to start a new war?
Source: BusinessInsider - 🏆 729. / 51 Read more »

British Film Institute Sets COVID-19 Support Fund for Sales CompaniesThe British Film Institute has launched a new $625,000 COVID-19 support fund to help sales companies adapt to new business practices. Details: Covid was always a mild disease. The early samples came from testing old and dying people which wildly skewed mortality. Since then the fatality rate has been PLUMMETING as the young, healthy/average people are tested. Real Scientists warned of this phenomena at the outset.
Source: THR - 🏆 411. / 53 Read more »

Zoom stock drives 56% return for America's top stock picker - 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. Super impressive stuff but every regular person reading this needs to understand how hard he worked to get those returns. Instead of striving for equal returns with risky bets you don’t understand, invests in ETFs Why are we allowing a Chinese company to host all of our business meetings? Oh yea. So they can steal more intellectual property.
Source: BusinessInsider - 🏆 729. / 51 Read more »