Wall Street figuring out how to hedge against a Donald Trump presidency
Breakfast with Benjamin Wall Street investors are working on how to position their portfolios for a potential Donald Trump presidency.
- Wall Street investors are working on how to position their portfolios for a potential Donald Trump presidency. And, equal time: they’re also doing the same thing for Hillary Clinton. Focusing on the Mexican peso, pharmaceutical and bank stocks.
- In a new presentation, DoubleLine’s Jeffrey Gundlach paints a pessimistic picture of what the summer months will hold for the markets. Sell-off is coming, but no cause for recession worries.
- Apple bulls are placing some heavy long-term bets, looking for a whopping 36% jump in the tech giant’s stock value by early 2018. “Sounds shocking — until you realize that Apple was trading at that level a year ago.”
- Not great: the median working-age American couple has saved only $5,000 for their retirement, according to a new analysis. “The do-it-yourself pension system is a disaster.”
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