ECP | Luxemburg, 06.11.2020
As I write this morning coffee on Thursday afternoon, the probability of a blue wave has substantially diminished. While it still looks plausible Biden will become the next President of the United States the Republicans may well keep the majority the of Senate. Markets were quick to adjust to this new scenario by reversing the blue wave trade as Big Tech stocks rallied, and healthcare rebounded.
Mit freundlichen Grüssen aus Luxembourg
Léon Kirch, CIO & Partner
