Markets

HOW TO TRADE A BIDEN PRESIDENCY: A complete investing guide to profiting from the election outcome and its impact on markets

The stock market has cheered the 2020 election results, which saw President-elect Joe Biden prevail over incumbent Donald Trump. Investors are hopeful that Biden’s win, combined with a possibly Republican Senate, will mean that additional fiscal stimulus is passed while market-friendly Trump policies remain. Business Insider has compiled advice and […]
HOW TO TRADE A BIDEN PRESIDENCY: A complete investing guide to profiting from the election outcome and its impact on markets
Markets

Why mega-cap tech stocks could rally another 15% by year-end under a Biden-helmed split government, according to Wedbush

Technology stocks in the FAANG, cloud software, and cyber security themes could rally 10%-15% by year-end with a Biden presidency and Republican Senate, according to Wedbush. This regime is the “Goldilocks election outcome” for tech stocks as a Biden presidency will ease US-China technology-policy issues while the Republican Senate decreases […]
Why mega-cap tech stocks could rally another 15% by year-end under a Biden-helmed split government, according to Wedbush
News

Lindsey Graham says Joe Biden ‘deserves’ to have a Cabinet

GOP Sen. Lindsey Graham on Friday said that President-elect Joe Biden should have his Cabinet nominees confirmed by the US Senate, according to The Hill. “The vice president deserves a Cabinet,” he said. “I will give him my input about who I could vote for as Secretary of State [and] […]
Lindsey Graham says Joe Biden ‘deserves’ to have a Cabinet
Markets

Why the stock market is loving the prospect of a divided government

Stocks are rallying the most in months despite the US presidential race still being up in the air. T hat’s because the most important election outcome has already emerged. A Republican-controlled Senate, which seems likely to emerge, can also block tax hikes and regulations sought by Democrats. Senate Majority Leader […]
Why the stock market is loving the prospect of a divided government
Markets

A Wall Street investment chief says a divided government is a better outcome for stocks than a ‘blue wave’ — and sees 44% S&P 500 upside from current levels

Stephen Auth, chief investment officer for equities at Federated Hermes says a divided government will be a “far happier outcome for markets” than a Democratic sweep. Auth explained that a divided government will pass a substantial fiscal package while avoiding “growth-killing” tax hikes. He has a long-term price target of […]
A Wall Street investment chief says a divided government is a better outcome for stocks than a ‘blue wave’ — and sees 44% S&P 500 upside from current levels