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The wild volatility in financial markets continues this morning as the S&P 500 is on pace to give up most of yesterday’s gains right at the open. Where we go from there is anybody’s guess. As we have been noting for some time, volatility isn’t going anywhere in the short-term as headlines drive stocks violently in both directions.
Read today’s Bespoke Morning Lineup for a discussion of last night’s Democratic primaries, the latest updated figures on the coronavirus, and a recap of Asian and European markets.
After last night’s Democratic primaries, Joe Biden has all but wrapped up the nomination, and in a head to head matchup for the Presidency, it’s close to a dead heat. Trump’s odds of re-election have dropped to 50% in recent weeks while Biden’s chances have surged as he has racked up delegates.