Imagine if it shifted to 6-3 conservative; also imagine if no judge is appointed and it is then tied 4-4 when having to rule on a key element of what is widely expected to be a legally contested election...
...the opportunity to put money to work is simply not there. At least not yet. But it’s coming...The problem is doing nothing may actually be the hardest thing to do...
Between bad banks behavior, COVID second-wave concerns, and political chaos; it appears markets (particularly stock markets) are waking up from their fiscal and monetary policy inspired dream-state...
Without additional monetary support, risky assets are left on their own now. The lack of fiscal stimulus in the U.S. underscores the risk heading into the presidential election.
We live in a world of deception... Stop the deceit. Stop the stimulus. Stop the QE. Stabilize the money supply. Let markets determine the rate of interest...
"Vice President Biden’s proposals to raise the US corporate tax rate would make domestic stocks less attractive compared to international markets, all else equal, which could result in Dollar selling if US equities underperform."
