At a minimum, the loss of RBG is yet another wild card for investors, CEOs, small business owners and consumers already challenged by enormous amounts of uncertainty.
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Erik Bell said he knows he's fortunate to have survived.
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It turns out a basket of stocks that could fare well in a Biden presidency have been outperforming the overall market — as well as a portfolio of stocks that might benefit from a second Trump term.
Financial institutions such as Oxford Economics, Goldman Sacks, Morgan Stanley and the Federal Reserve Bank of St. Louis predict that the GDP will drop between 10 to 50% in the second quarter of 2020.
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To many economists, a contraction during the first and second quarters of 2020 looks increasingly likely.