The November presidential election will bring sweeping changes to the outlook for the US economy, according to a Thursday note from Deutsche Bank. Depending on the outcome, the economy could benefit from a wave of more stimulus and increased government spending, or it could be stifled by congressional gridlock. Here […]
The US presidential election is less than a month away, and “The Simpsons” has made a last-minute intervention with an anti-Trump teaser for their annual “Treehouse of Horror” Halloween episode. The teaser opens with Homer Simpson rushing to the voting booth, but he isn’t sure which candidate to vote for […]
Coronavirus vaccine developments are a more important market catalyst than the US presidential election and third-quarter earnings, Goldman Sachs said Friday. The odds of widespread vaccine distribution by the first quarter of 2021 rose to 71% in early September from 39%, suggesting a resumption of regular economic activity might arrive […]
Increasing pressure from the US on Iran and other actions in the Middle East have raised concerns that Trump could seek a confrontation before the presidential election. At the same time, Iran has been working more closely with Venezuela, another US foe, raising the specter of a showdown much closer […]
Since gold topped out at $US2,089 an ounce on August 7, the precious metal has declined by as much as 11%. The correction in gold should be viewed as temporary rather than the start of a further decline, according to a note from UBS. Investors should use the recent sell-off […]
The current stock market rally looks “eerily close” to the one starting in 2009, and if the trend continues, the S&P 500 could rally an additional 12% from current levels, according to Datatrek. In a note published on Wednesday, Datatrek co-founder Nicholas Colas highlighted that the current market rally from […]
UBS advised clients in a Monday note on how to prepare for a contested election result come November. Precedents set by the 2000 US presidential election suggest stocks will tumble over the first few days amid a wave of volatility, Thomas McLoughlin, head of Americas fixed income at UBS, said. […]
The stock market’s rally is trapped in a Federal Reserve-formed liquidity bubble, billionaire investor George Soros said in an interview with Italian publication La Repubblica. Valuations rest on hopes for a second fiscal stimulus bill and President Trump announcing a coronavirus vaccine before election day, Soros added. The legendary investor […]
Gold prices could reach $US4,000, the CEO of US Global Investors told CNBC Monday. Frank Holmes said: “It’s quite easy to see gold going to $US4,000.” Holmes said rising monetary stimulus is the main reason gold prices can soar to that level. Gold broke $US2,000 the first time last week, […]
Political uncertainty remains a negative for markets going forward, according to a Monday note from Morgan Stanley. A survey by Morgan Stanley conducted in October showed that as many as 78% of investors expect stocks to decline in the first three months if a Democrat wins the presidential election. If […]
Sen. Bernie Sanders, a Democratic presidential candidate, has a $US150 billion four-point plan that would fundamentally transform how the internet works in the United States. The plan would effectively turn the internet into a publicly provided utility, similar to how water and power are distributed. The broadest goal of the […]
Corey Lewandowski, Trump’s former campaign manager, and Jason Miller, who worked as a senior communications advisor on the campaign, spoke at an event in London on Thursday. The pair talked about what it was like to work with the President. Trump is hard working, expects a lot from those around […]
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