A Clear-Cut Biden Win Is Emerging as a Bull Case for Stocks
- Fears over a contested election have recently rattled markets
- Biden added to his lead in the polls after last week’s debate
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With Joe Biden’s lead widening in the polls and President Donald Trump’s campaign sidelined by the virus, investment strategists now say there’s less of a chance for a contested election.
A clear-cut Democrat victory could avoid a long and messy legal battle and provide certainty to markets that have been nervous about election risks, according to strategists from Citigroup Inc. to JPMorgan Chase & Co.