The stock market I think is signaling a trump re-election. Biden's corporate tax plan is a disaster. We are currently in the middle of earnings season, and future earnings forecasts are directly affected by regulation, tax policies, etc. Sooo should Biden win, all future forecasts are technically wrong, and we'd be seeing a more systematic selloff in the markets than what we are seeing, stimulus and fed spending aside....
The stock market I think is signaling a trump re-election. Biden's corporate tax plan is a disaster. We are currently in the middle of earnings season, and future earnings forecasts are directly affected by regulation, tax policies, etc. Sooo should Biden win, all future forecasts are technically wrong, and we'd be seeing a more systematic selloff in the markets than what we are seeing, stimulus and fed spending aside....
The closer we get to election the truer this seems. A few days ago it was all about a Biden win. Now not so much.