Biden, Trump tax reforms 'very unlikely' with a split Congress: Strategist

Citi Research head of quantitative macro strategy Alex Saunders joins Market Domination Overtime to give insight into the best ways to play the market ahead of the election in November.
"In terms of the market impact, the makeup of government is crucial. So a split Congress is much more bond market-friendly, because there's just less capacity to implement some of these large potential policy changes... But for the moment, it really is a rate story. We would say that currently there's an uneasy tension between these fiscal concerns and the deficit and then the cyclical factors such as slowing growth, the labor market that you had mentioned earlier, and a dovish fed. And we don't expect that to be resolved in the near term," Saunders tells Yahoo Finance.
#youtube #trump #Biden
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