How Biden suddenly became bullish for stocks

An important piece by ZeroHedge:

The reason for the shift was simple: with poll after (Democrat oversampling) poll revealing a growing Biden lead, Wall Street analysts were given a simple task: prevent a disorderly selloff ahead of or during the elections.

… there is one scenario where Goldman’s projections could make some sense: that would be if the Biden tax hikes were accompanied by a new fiscal stimulus wave, one not prompted by another global cataclysm such as a covid pandemic.

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