Goldman Sachs finds clients more worried about Senate election than presidential - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

South Africa News News

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

Goldman Sachs survey reveals clients more worried about Senate election than presidential -- and the market impact of a 'blue wave'

Tasos Katopodis/Getty Images

Tony Pasquariello of Goldman Sachs Global Markets and Joe Wall of the Office of Government Affairs at Goldman detailed the results of this survey on the latest episode of t"The headline of the survey was "it ain't about the White House, it's about the Senate," Wall said.Investors surveyed by Goldman Sachs said that they're more concerned about the market impact of the Senate outcome than the presidential election results.

With a Trump win and split Congress, meaning a Democratic-led House and Republican Senate, market participants think there's a 40% chance markets will be either "somewhat stronger" or "much stronger." The next outcome given was a Biden win and a "small blue wave," as Wall called it, where Democrats would narrowly win control of the Senate with around 50 or 51 seats. Fifty-eight percent of market participants think that will lead to a weaker market and 23% say "much weaker."

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
 

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

How great. More comments from the experts who really don’t know a single thing. Invest for the long term and put the experts out of business

Will there be a burst bubble?

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.

Inside the 20,000-member trading community started by college students - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stretched Ferrari 360 Modena limousine asks $287,000 — see inside - 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. 😮 Nah ! CarsInsider Rubbish!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Voting in this election is turning into a slow motion tragedy - 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. Politicsinsider anthonyLfisher Cruelty, Ineptitude, win at all cost, corruption, fleecing 330M Citizens & destroying the fabric of our Republic, Constitution r sadly the wicked evil games.realDonaldTrump has declared on USA & his major accomplices are the.GOP willing & eager for 1PartyRule. Founders, Wept‼
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK pushing US Democrats for post-Brexit trade deal ahead of election - 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. Tír gan cearta teanga. Tír gan comhaontú saorthrádála. tuairiscnuacht JoeBiden KamalaHarris SpeakerPelosi IrishEcho IrishCentral mrtyg1 Bonn1eGreer AOC MisneachAbu dreamdearg arutura
Source: BusinessInsider - 🏆 729. / 51 Read more »

7 ways to boost motivation if your business is struggling during the pandemic - 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. Entrepreneur It's helpful. Thanks. ✌
Source: BusinessInsider - 🏆 729. / 51 Read more »