October 12, 2020

BE NOT AFRAID:

Investors are warming to a 'blue wave' that could keep driving a stimulus-hungry market higher (Patti Domm, 10/12/20, CNBC)

"The market is pricing in a Democratic wave. It's not scared," said Quincy Krosby, chief market strategist at Prudential Financial. "The market is accepting this in lieu of a contested election...The market, I think is beginning to understand a blue wave doesn't necessarily mean an ultra progressive agenda."


Posted by at October 12, 2020 4:50 PM

  

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