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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
Bloomberg business news
Why JPMorgan Says Biden Win Could Lead to Stock Market Shift
Updated on

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.