Who Wants To Be Long Stocks Heading Into the Election?
Nov 2, 2020
Here are my reasons for a somewhat bullish stance this morning.
First, the chances of an uncontested Biden win appear to be improving. Biden widened his lead in The final PoliticalIQ Florida poll from two points to four. A Biden win means the likelihood of a rally in anticipation of a large stimulus package.
Second, therapeutics and vaccines for the treatment of COVID are closer than ever. A rational science-based approach to dealing with the pandemic may be closer as well. While the latest numbers point towards…