With President Trump facing a high-risk impeachment, and far-left Democrat Elizabeth Warren now beating Joe Biden in national polls - including the latest IBD/TIPP poll - anyone on the productive side of the economy should be deeply worried, and ready to do anything to prevent Warren from getting the keys to the White House.
The chief of U.S. equity strategy for Canada's RBC Capital Markets signaled on Monday that maybe an Elizabeth Warren administration won't really be that bad. "Any pain from a Warren win is likely to be temporary," Lori Calvasina reassured investors in a report that included a survey showing that many of the firm's industry analysts at least partially agreed.
"Most of the sectors at high risk under a Warren presidency from a policy perspective are already deeply undervalued versus the broader market," she added.
A Warren presidency could be "Supportive of the already growing popularity of ESG as an investment approach," according to Calvasina, referring to using the criterion of "Environmental, social and corporate governance" or so-called "Socially responsible" investing.
Plus Warren breaking up, say, Amazon might be good for brick-and-mortar retailers.
Some figures in big business who traditionally give to Democrats recognize the Warren threat and warn that they will act accordingly - again, speaking privately.
From Wall Street to Main Street, leaders of business and finance should explicitly warn of the Warren threat, and they should unashamedly explain the goodness of the free market, the moral superiority of a system that has lifted countless millions of proletarians - who never invested a dime - out of destitution.
https://issuesinsights.com/2019/10/08/capitalist-faces-that-dont-want-to-be-a-capitalist-voice/
The chief of U.S. equity strategy for Canada's RBC Capital Markets signaled on Monday that maybe an Elizabeth Warren administration won't really be that bad. "Any pain from a Warren win is likely to be temporary," Lori Calvasina reassured investors in a report that included a survey showing that many of the firm's industry analysts at least partially agreed.
"Most of the sectors at high risk under a Warren presidency from a policy perspective are already deeply undervalued versus the broader market," she added.
A Warren presidency could be "Supportive of the already growing popularity of ESG as an investment approach," according to Calvasina, referring to using the criterion of "Environmental, social and corporate governance" or so-called "Socially responsible" investing.
Plus Warren breaking up, say, Amazon might be good for brick-and-mortar retailers.
Some figures in big business who traditionally give to Democrats recognize the Warren threat and warn that they will act accordingly - again, speaking privately.
From Wall Street to Main Street, leaders of business and finance should explicitly warn of the Warren threat, and they should unashamedly explain the goodness of the free market, the moral superiority of a system that has lifted countless millions of proletarians - who never invested a dime - out of destitution.
https://issuesinsights.com/2019/10/08/capitalist-faces-that-dont-want-to-be-a-capitalist-voice/
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