“We are expecting an upward trajectory in the US equity markets,” wrote Scott Bessent, a former Soros Fund Management investing chief as he bets on a “Trump rally”.
“Barring Biden pulling ahead in substantial fashion, all pullbacks should be bought.”
Bessent’s bet appears well based as the polls (averaged by Real Clear Politics), Trump has a solid lead over Biden (although Biden – for some reason – saw a surge in the last few days?)…