Just two weeks ago, the markets were factoring in an all-but-certain Biden victory in the upcoming presidential election as well as a “Blue Wave” of democrats taking control of the Senate and Congress as well as the presidency. This would mean a path of least resistance for a new stimulus bill. But, now not all is as it seems; market participants are taking a more thorough, deeper second look at the polling numbers. JPMorgan strategist Nikolaos Panigirtzoglou believes that election odds are narrowing making a contested result that could hamper stimulus and hurt stocks more likely. A mixed bag …read more
Source:: Yahoo Finance
