Wall Street sees a long-awaited rotation into value stocks if Biden wins — Here's how to play it

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

South Africa News News

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

New for subscribers: Wall Street sees a long-awaited rotation into value stocks if Biden wins — Here's how to play it Check out CNBCPro today.

Democratic presidential candidate Joe Biden speaks at a voter activation center in Chester, Pennsylvania, on October 26, 2020.A growing cohort of Wall Street strategists are betting on a revival of value stocks as a potentially new administration could create conditions favoring bargain-priced stocks whose success hinges on a broad economic turnaround.

At the core of the value call is the possibility of a massive fiscal spending package under a Biden presidency, which could boost economically sensitive stocks from banks to commodity producers and to industrial shares.

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:

 /  🏆 12. in ZA
 

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

Frederi66857516 Pro This demonocrap party is not your parents or grandparents party as they knew it. Their turning in their graves right now with all this corruption!

Frederi66857516 Pro Thats a nice way of saying the market will crash!

Pro Biden wins = the CCP wins

Pro Covid is going to bring the markets down no matter who gets elected the experts said earlier this year that the Covid pandemic would have a vaccine back earlier this year then they said the end of November and now they say middle of next year to keep us from panicking

Pro Very desapointed with Biden. It shows that we should not confused democracy with the Democratic Party, it is not synonymous although many of us like to think that. How can anyone vote for a candidate that is a lair? He laid and his son’s computer is showing it. Inmoral completely

Pro Paying to read this is like paying to smell feces!

Pro realDonaldTrump Value. Huh. Heard of it? 🇺🇸

Pro RELIGION OF ECONOMICS IS SO WIDESPREAD THAT ALMOST EVERYONE WORSHIPS AT THE ALTAR OF MONEY!!! WILL YOU OPT OUT AND START OBEYING JESUS?

Pro Only thing good about is Joe Kernan

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