The Economic Times
English EditionEnglish Editionहिन्दी
| 27 October, 2020, 05:25 PM IST | E-Paper
Search
+

    Stocks

    Emerging-market traders cut wagers on US election volatility

    Emerging-market traders cut wagers on US election volatility

    “It does appear that emerging-market investors are slightly more sanguine about risks through the end of the year than what you’re seeing in developed markets,” said Nick Stadtmiller, a strategist at Medley Global Advisors in New York.

    US election outcome will not impact bullish energy outlook: Goldman

    US election outcome will not impact bullish energy outlook: Goldman

    Goldman reiterated its bullish 2021 view for both natural gas and oil, saying drivers for higher prices supersede the potential outcomes of the U.S. election.

    Traders across assets are bracing for possible Democratic sweep

    Traders across assets are bracing for possible Democratic sweep

    Despite the uncertain timing, investors are betting that more stimulus will come eventually.

    Bonds suck in $26 bn, pricing in US Democrats win: BofA

    Bonds suck in $26 bn, pricing in US Democrats win: BofA

    "Blue wave election outcome (Democrats winning) has curiously flipped from consensus bear to bull catalyst in recent months," the U.S. investment bank said.

    Investors dust off Trump trade, this time betting he’ll lose

    Investors dust off Trump trade, this time betting he’ll lose

    In 2016 investors were buying the ruble and selling the peso in expectation the Republican candidate would mend relations with Russian President Vladimir Putin and cut trade ties with Mexico after winning the election. This time around, the trade has reversed as Joe Biden gains in the polls.

    Wait, Wall Street is pro-Biden now?

    Wait, Wall Street is pro-Biden now?

    The outcome of the first debate increased “the odds of first Joe Biden becoming president, but also in line with the Democrats also taking the Senate,” said Shahab Jalinoos, global head of macro strategy with Credit Suisse in New York. “That’s obviously been a tail wind for markets since.”

    US vice presidential debate reinforces concerns of policy deadlock

    US vice presidential debate reinforces concerns of policy deadlock

    S&P 500 index futures rose 0.3% as the debate ended, building on earlier gains of 0.16%, but analysts say neither side emerged a clear winner. The dollar barely moved and Treasury yields held steady.

    Is US election the most-expensive event to hedge in history?

    Is US election the most-expensive event to hedge in history?

    America’s main equity index jumped again as trading began in New York, the latest reversal after it closed Tuesday with a 1.4% drop.

    Why Trump getting Covid will not have major impact on election result

    Why Trump getting Covid will not have major impact on election result

    Most people have already decided who they are going to vote for and his testing positive for Coronavirus would not have a major impact on the outcome of the election, says Michael Kugelman.

    Wall Street's regulatory gains set to stand even under Biden

    Wall Street's regulatory gains set to stand even under Biden

    The industry is likely to keep many of its wins as Democrats prioritize more pandemic aid, healthcare, tax reform and financial rules that address racial injustice, environmental and inequality issues, rather than attacking banks, said nearly a dozen lobbyists and policy experts in Democratic circles.

    A clear-cut Biden win is emerging as a bull case for stocks

    A clear-cut Biden win is emerging as a bull case for stocks

    S&P 500 futures pointed to a day in the green, havens including bonds are seeing little demand and the greenback is down.

    Can US presidential polls have a bearing on Indian markets?

    Can US presidential polls have a bearing on Indian markets?

    There are three possible outcomes for this election and Indian stock market will rejoice in all three scenarios -- a Biden and Democrat win, a divided Congress and a status quo Trump victory.

    Trump's diagnosis fuels uncertainty for skittish US stock market

    Trump's diagnosis fuels uncertainty for skittish US stock market

    Many investors are concerned, however, that a serious decline in Trump’s health less than a month before Americans go to the polls on Nov. 3 could roil a U.S. stock market that recently notched its worst monthly performance since its selloff in March while causing turbulence in other assets.

    Trump’s coronavirus is another jolt of uncertainty for investors

    Trump’s coronavirus is another jolt of uncertainty for investors

    Trump’s late-night announcement on Twitter that he had tested positive for the coronavirus was the latest in a long list of frustrating variables for investors eager for signs of stability.

    Trump's positive Covid-19 test throws markets pre-election curveball

    Trump's positive Covid-19 test throws markets pre-election curveball

    News of Donald Trump's positive coronavirus test on Friday triggered a decline in oil prices and stocks.

    A Biden victory could weigh on stock market's winners

    A Biden victory could weigh on stock market's winners

    Biden has proposed taxing capital gains and dividends as ordinary income, which would increase the tax rate from 20% to 39.6% for individuals and couples earning over $1 million, the highest tax bracket.

    Five ways the US elections could affect equity markets

    Five ways the US elections could affect equity markets

    Democratic nominee Joe Biden is ahead in national polls and in betting markets the former vice president is favored to win with an average 59% likelihood, according to RealClearPolitics.

    Why Indian stocks usually do better post US polls

    Why Indian stocks usually do better post US polls

    The post-election data for index performance for one month also showed indices gained in four out of five previous US elections.

    Big risk for bonds is that US election actually goes smoothly

    Big risk for bonds is that US election actually goes smoothly

    ​​The risk that yields pop higher is deemed so unlikely that traders of eurodollar options are more focused on a possible year-end funding squeeze than the U.S. election.

    Don’t bother much, Trump-Biden debate just soap opera: D-Street

    Don’t bother much, Trump-Biden debate just soap opera: D-Street

    Following the debate, the domestic stock market was muted, while US index futures saw deep cuts. Other Asian markets traded mixed, with Korea and Hong Kong gaining and Japan tripping.

    Idea of a great bonhomie between Trump and Modi overdone, Biden might be better: Swaminathan Aiyar

    Idea of a great bonhomie between Trump and Modi overdone, Biden might be better: Swaminathan Aiyar

    A new alignment against China is coming up. India and the USA are getting together in a strategic sense and that will carry on regardless of who wins the election, says Swaminathan Aiyar.

    Biden may be better for economy than Trump, says Jim O’Neill

    Biden may be better for economy than Trump, says Jim O’Neill

    Even as Joe Biden’s tax plans could deter the markets, former Goldman Sachs chairman Jim O’Neill believes he would be a better choice than Donald Trump, given the latter’s erratic and aggressive moves.

    Biden vs Trump? D-Street can gain either way as long as it’s not a draw

    Biden vs Trump? D-Street can gain either way as long as it’s not a draw

    US elections are scheduled for November 3. If there is a dispute, the political parties would have time until December 8 to resolve the differences. If no resolution is possible, electors would cast votes again by December 14 in such a case.

    Do not see any directional trend in US market for next three weeks: Crossbridge Capital

    Do not see any directional trend in US market for next three weeks: Crossbridge Capital

    ‘In terms of the direction of the market, it is going to be a sideways market from here until the US election.’

    Biden basket vs Trump trade: Picking a presidential stock portfolio

    Biden basket vs Trump trade: Picking a presidential stock portfolio

    Broadly speaking, analysts say Biden's plan to raise corporate taxes could pressure company earnings. But they expect him to support infrastructure projects and renewable energy.

    Wall Street prepares systems for election night trading surge

    Wall Street prepares systems for election night trading surge

    With a tight race and President Donald Trump already questioning any outcome that doesn’t have him defeating rival Joe Biden, trading volumes are likely to spike to as much as eight times their normal levels on Nov. 3, according to technology-consulting firm ITRS Group Ltd.

    Ballooning US debt will be a problem for next administration: Hugh Johnson

    Ballooning US debt will be a problem for next administration: Hugh Johnson

    The individuals and small businesses that are suffering from the lockdown need some real help, stimulus.

    Trump-Biden debate could spark stock volatility

    Trump-Biden debate could spark stock volatility

    If one candidate emerges stronger on Tuesday, "the debate could be an individual stock and sector play," said Jack Ablin, Chief Investment Officer at Cresset Wealth Advisors.

    Market for Trump or Biden? The short answer: Neither. Wall Street is less partisan than most people think

    Market for Trump or Biden? The short answer: Neither. Wall Street is less partisan than most people think

    If polls continue to point to a Biden victory in the 2020 presidential election, there will be a temptation to attribute any further tremors in stock prices to fear that a Biden administration would bring socialists into the White House.

    Goldman says markets overestimating election result delay risk

    Goldman says markets overestimating election result delay risk

    With the attention of many investors turning toward November’s elections as a source of risk, the cost of hedging against a contested or delayed result is getting ever more pricey.

    Trump’s election tweets to spark rates volatility, JPMorgan says

    Trump’s election tweets to spark rates volatility, JPMorgan says

    Named after Trump’s inscrutable “covfefe” tweet from May 2017, the index attempts to gauge the impact of Trump’s tweeting on the U.S. Treasury market through interest rate derivatives known as swaptions.

    Jim Rogers on why market wants to have Trump back as US President

    Jim Rogers on why market wants to have Trump back as US President

    'There's a bubble developing in different parts of the world. Some of the US stocks that seem to never go down currently, are going to go down a lot some day and many people are going to suffer. '

    US elections to add uncertainty to market: Atul Suri

    US elections to add uncertainty to market: Atul Suri

    ‘It is just about being in quality, controlling risk and being sensible about what you do.’

    Bruised dollar may bounce if U.S. election gets chaotic

    Bruised dollar may bounce if U.S. election gets chaotic

    Net futures bets on a lower dollar totaled $32.67 billion, close to their highest point in a decade, the latest data from the Commodity Futures Trading Commission showed.

    2016 all over again? Investors ready for big market moves as US election nears

    2016 all over again? Investors ready for big market moves as US election nears

    Regardless of who wins the Nov. 3 election, some market watchers say, markets are likely to grow more turbulent.

    View From New York: The Future is what it is!

    View From New York: The Future is what it is!

    Though the view from New York is that India’s first quarter GDP may be worse than expected, as the stock market has never seen earnings that have been so low in more than 30 years if not more, the index continues to hover at a record of over 30 times PE.

    Will Joe Biden be good for the markets or a Trump re-election? In a sense, markets do not care much who the president is. Yes, Trump has been in some way favourable to Wall Street because of the tax cuts he delivered. There are fears that a Biden win may revert those benefits. While President Trump continues to claim that a Biden victory will cause “stocks to crash like you’ve never seen before,” market veterans point out to similar predictions about Trump’s own win in 2016, and that of Barack Obama years before. Under both, stocks climbed, and Wall Street did fine. Yet, possible policy change is not what is giving markets nightmares this election season. What is, is the fear of a close verdict with no clear winner and neither side ready to accept the outcome. Markets and big corporates like stability. The 2000 George W. Bush vs Al Gore drama is all too fresh on the minds of investors, who had seen the ripples on the market for weeks. Trade war is an issue, and some say a regime change might ease the situation, something markets would like. The dollar has been in the doldrums, and there are projections that it might rebound if Biden takes the reins, as a little dovish administration is what the US needs to take the pressure off its external trade. Which is why this election has drawn extra attention from markets. As investors worldwide count down to the Voting Day in the US, we bring you the changing pulse from every part of the markets.
    The Economic Times
    BACK TO TOP