Biden’s proposed capital gains tax hike would be a “minor speedbump” for a stock market poised to continue higher.
A sweep by Democrats in the U.S. election and the specter of higher taxes and inflation will weigh on equities in coming years.
"He's going to get annihilated, but he's still in the race."
“An orderly Trump victory” would probably be the “most favorable outcome for equities,” according to JPMorgan Chase & Co. strategists.