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re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500

Posted on 10/17/20 at 10:25 pm to
Posted by YipSkiddlyDooo
Member since Apr 2013
3669 posts
Posted on 10/17/20 at 10:25 pm to
quote:

Surprising with the amount of Wall Street money behind Biden


Why? They make money on the way down too...

In fact, I’d wager that they make more money shorting stock after a biden win and buying it back cheaper than just riding a steady increase after a Trump victory.
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