Reported 12 months ago
Goldman Sachs Group Inc.'s Scott Rubner anticipates significant market fluctuations in the second half of the year due to the US presidential election and its aftermath. Rubner, a managing director at the global markets division, foresees a stock market correction post-July 17, followed by an 'anti-momentum unloved rally' after the election. He suggests trimming exposure to equities post-July 4th and highlights the potential for institutional investors to sell winning positions pre-election. Rubner recommends an S&P 500 Index lookback put option as a favorite election trade, projecting a shift towards value and small-cap stocks post-election.
Source: YAHOO