Cryptocurrencies: 5,988
Markets: 545
Marketcap: $ 501.26 B
24h Vol: $ 129.14 B
BTC Dominance: 61.92%

Global market data

Cryptocurrencies: 5,988
Markets: 545
Marketcap: $ 501.26 B
24h Vol: $ 129.14 B
BTC Dominance: 61.92%

[ZEROHEDGE] Wall Street Begins Hedging: JPM Says Trump Victory Is “Most Favorable Outcome”, Would Push S&P To 3,900

Zero Hedge

Wall Street Begins Hedging: JPM Says Trump Victory Is “Most Favorable Outcome”, Would Push S&P To 3,900

Tyler Durden

Mon, 10/26/2020 – 10:33

Over the past month, Wall Street’s strategists have engaged in a comprehensive campaign to “ease” client fears that a Biden administration and/or a “Blue Sweep” would be just as good for stocks if not better than a continuation of the status quo, thus avoiding a selloff should Nov 3 prove to be a rout for Republicans, to wit:

A recent Bank of America analysis laid out the 4 possible election outcomes, which were more dependent on the composition of the Senate than who is president (the worst scenarios for markets were those where “president Biden” faced a Republican Senate and vice versa for Trump):

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