As the U.S. presidential election gets closer, market “predictions” are showing up in stocks from energy to private prisons.
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on the Brief:
- Market rally to highest point in six weeks
- BTC and ETH up in part on Grayscale ETH trust becoming an SEC reporting company (Grayscale, like CoinDesk, is a unit of DCG.)
- CBDCs (and CBDC skepticism) on the rise
Our main discussion: How markets are trading the U.S. presidential election in November.
A look at what different stock and other market preferences suggests about who Wall Street expects to win, including:
- Energy
- Private prisons
- Student loans
- Health care
- Infrastructure
- Dollar
- Bitcoin
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