Market Moves
Schwarzman Predicts Gentler Biden Approach to Beijing
Blackstone head has been close to Trump, but he also is an investor in Chinese companies.
Beijing’s hard-line policies and investing hurdles complicate the decision.
The GOP-appointed Fed chair, whose term expires in 2022, has Dem admirers in the Senate.
Maybe not so much stocks, but high-yield is well-positioned if the Democrat wins and enacts his agenda, Northeast’s Monrad forecasts.
Calendar effect: Why September has the worst returns, and October the most volatility and market plummets.