Larry Fink Is Loving The Political Landscape
Larry Fink of BlackRock recently told employees in a post-election town hall on Nov. 4 that markets are upbeat on the prospect of a Biden presidency.
Larry Fink of BlackRock recently told employees in a post-election town hall on Nov. 4 that markets are upbeat on the prospect of a Biden presidency.
Volatility is set to decline and investors should be “patient” in commodity markets. Cash is trash and Treasury isn't much better, strategists say.
It's hard to evaluate economic health around recessions but how much credit goes to policies enacted during each president's term? The debate goes on.
Third Point gained almost $400 million via a bullish positioning in stocks prior to the election even as other investors were betting on chaos.
LPL called the popular vote. Now the firm's strategist is savoring the idea of divided government giving stocks a decent (if not great) year ahead.
After largely focusing on what could go wrong, markets were set up for a positive surprise heading into the election or regarding upbeat vaccine news.
The sector is trading at its lowest relative valuation in at least 40 years, according to Goldman Sachs' David Kostin.