The Market's Pre Election Jitters.
If there's one thing that markets hate: it's uncertainty. And nothing can create as much uncertainty as US Presidential Elections.
Look at the current Election. The differences between the two Candidates could not be more stark. On the One hand is the incumbent Donald Trump, President Trump presents positions that on balance are for aggressive trade policies, lower overall taxes, and reduced regulation. While Challenger Joe Biden promises more relaxed trade policy, higher taxes, and a more aggressive role for government in the economy.
Two very different views of the role of government. And right now, it is not certain who is the real front runner. I have seen polls on both sides, although it is probably accurate to say that Vice President Biden holds a very slight lead.
So uncertainty abounds.
More episodes from David Reavill
Sunday: The Surprising American Consumer.
If there was one outstanding economic report this week it was the Retail Sales Number.
Now in thinking of these big Macro numbers, its hard to remember when the Street was this far off in …
The Surprisin American Consumer.
If there was one outstanding economic report this week it was the Retail Sales Number.
Now in thinking of these big Macro numbers, its hard to remember when the Street was this far off in …
Final: The Colonization Of America.
You are probably familiar with the great European Empires of the 15th through 18th centuries. These were the times of the dominant sea faring countries, like the French Dutch and English.
…
The Colonization of America.
You are probably familiar with the great European Empires of the 15th through 18th centuries. These were the times of the dominant sea faring countries, like the French Dutch and English.
…
Final: California Distorts Unemployment Numbers, Fed Clarida Predicts Economic Glide Path.
Perspective, it is often the most important attribute in reviewing the economic data that we receive on a daily basis.
This morning it was announced that the Initial Claims for Unemployment …
California Distorts Unemployment Numbers, Fed Vice Chair Predicts Economic Glide Path.
Perspective, it is often the most important attribute in reviewing the economic data that we receive on a daily basis.
This morning it was announced that the Initial Claims for Unemployment …
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