Reported 9 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