NEW YORK - Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring: four more years of President Donald Trump.
Ninety-five percent of participants in a Deutsche Bank survey of investors, economists and other market participants released earlier this month said Trump, a Republican, was either “extremely likely” or “slightly likely” to win the general election. The sharp mismatch in expectations could stoke market volatility if Wall Streeters are wrong and a Democrat emerges victorious - especially if that winner is Sanders, whose promises to break up big banks, take on drug companies and essentially abolish private insurance in favor of a single government-run plan have unnerved some investors. Many on Wall Street were unprepared for Trump’s win in 2016, which was followed by sharp swings in asset prices.
Those primaries come as the markets are gripped by concerns over the economic fallout from the spreading coronavirus outbreak, with the number of cases beyond China accelerating rapidly. U.S. stocks were extending the week's losses on Friday and were on track for a 7th day in the red after the S&P 500Orlando said Sanders’ rise in the polls also contributed to the recent sell-off.
The foundation is getting a bit wobbly.
Great time to buy
No trade possible until vaccine available so the Dow will definitely crash.
Thanks tRump. POS
I’m about to purchase huge volumes of stock. See you on the opposite side of being a democrat fear monger
federalreserve
No worries if J.G. happen to be impeached again, Dow will rise again. btw Economy should be Antivirus. Wat a bogus understanding!
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