A stock-market meltdown stemming from Elizabeth Warren's victory in the 2020 election will likely be short-lived, RBC says

markets.businessinsider.com | 10/7/2019 | Staff
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Some investors and analysts are growing increasingly concerned about the prospect of democratic presidential candidate Elizabeth Warren taking the White House in 2020.

Any hit to the stock market from a Warren presidency will likely be temporary, RBC Capital Markets said in a note to clients on Monday.

Concerns - Warren - Presidency - Stem - Senator

Most of the concerns about a Warren presidency stem from the Senator's policy positions on regulating industries such as health care, banking, and energy.

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Wall - Street - Impact - Elizabeth - Warren

Wall Street is getting worried about the potential impact of an Elizabeth Warren presidency on the stock market.

But RBC Capital Markets says any pain will likely be short-lived.

Concern - Warren - Presidency - Senator - Position

Much of the concern surrounding a potential Warren presidency stems from the democratic senator's position on regulating industries such as health care, banking, and energy.

According to RBC, while the broader stock market seems expensive, the industries most vulnerable to Warren's policy plans are deeply undervalued.

America - US - Equity - Investors - Leadership

"Ultimately we think corporate America and US equity investors would learn to adapt to new political leadership, as they always do," said Lori Calvasina, the head of US equity strategy, in a note to...
(Excerpt) Read more at: markets.businessinsider.com
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