Home > Strategist: Investors Should Seize The Market's 'Knee Jerk' Drop If Biden Wins

Strategist: Investors Should Seize The Market's 'Knee Jerk' Drop If Biden Wins


A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.

Added on the 01/10/2020 17:58:42 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • An RBC Strategist Says Markets Are Overconfident About Election Outcome

    An RBC Capital Markets analyst says that based on recent options trading, the market believes the next US president will be known by November 6th. However, Amy Wu Silverman, RBC's head of derivatives strategy, believes the risk of a contested election is 'severely underpriced' in the stock market. According to Markets Insider, the stock market is eagerly waiting for Congress to pass the next fiscal stimulus package. However, no progress will be made until a clear winner of the election is determined. We in the options market think about tail events, my worry now is that maybe a situation coming up where there is not a clear winner for a while. Amy Wu Silverman, Head of Derivative Strategies RBC Capital Markets A tail event is an unpredictable and rare market outcome that could come as a shock to investors.

    03/11/2020 - Wochit
  • South African papers criticise 'ignorant,' 'knee-jerk' travel bans

    IN THE PRESS – Monday, November 29, 2021: South African papers vent their frustation over travel bans imposed after the country detected a new coronavirus variant. For l'Humanité, the Omicron variant is proof that "vaccine access for all is a global emergency". Other French papers examine the crisis in Guadeloupe and Martinique, puzzled by a proposal to give the territories more autonomy. Plus, a snow storm strands 61 people in a UK pub - a reminder that some lockdowns can be fun!

    29/11/2021 - France 24 EN
  • Republican Youngkin wins Virginia governor's race in upset for Biden's Democrats

    Republican Glenn Youngkin won the Virginia governor's election on Wednesday and another Republican was within striking distance of doing the same in New Jersey, a warning that President Joe Biden's Democrats are at a disadvantage heading into next year's congressional elections. FRANCE 24's Kethevane Gorjestani tells us more.

    03/11/2021 - France 24 EN
  • Biden recovery plan, China population to drop, India Covid, "Cash for curtains" saga

    Will it be remembered as 100 days that changed the world? Joe Biden becoming much more than the first US president to address Congress with women behind him sitting in both the vice-president and the house speaker's chair. 40 years after Ronald Reagan declared government is the problem, Biden's now called for massive spending on infrastructure, green energy, care for the elderly... and the first two years free for community college.

    01/05/2021 - France 24 EN
  • U.S.-led strikes hit Islamic State, al Qaeda-linked group in Syria

    U.S.-led air strikes hit 10 units of Islamic State fighters in Syria in recent days as well as militants with the al Qaeda-linked Khorasan Group. Jillian Kitchener reports.

    15/11/2014 - Reuters EN

More videosNews

Watch video of  - DemainEntreprendre - épisode 12 - Label : Economie wallonne -

DemainEntreprendre - épisode 12

29/04/2021 12:55:32