POTUS Debate and Policy Preview
Founders AM: Institutional Insights
Housekeeping: Good Morning.
The almost daily Founders AM post is very current financial insight newspaper type stuff. Noone else does this1. If we see something related to all our interests, (like Gold etc) it will be here first, and sometimes, if too sensitive, it will be here only. Neither is it designed to be pretty. You will likely develop preferences in whose research you like to read just like we do. These are the best morning comments by institutional trading desks in the market that we sometimes get and share. Our highest level observations are included here as well
Overview: The Casino is Open
The debate is tomorrow. Goldman put out a “Debate-Trade” list. While that may seem like a gambling addiction to focus on2 ; The analysis leading up to the GS ideas is also about policy that will come out of the two candidates’ victories. Therefore it is kind of an important litmus test.
That said, no mention of USD, UST, or Gold is made at all, which is ironic considering those three will absolutely be key reactors to all policy debates centered on the Deficit, the Debt, Tariffs, and Fiscal policy.
Founders Contents:
Desk Comments: various
Title Piece: POTUS Debate and Policy Preview
“The market has reacted to every election event year-to-date, with multiple standard deviation moves during trading days post each event.”
- GS