A Pre-Election Stimulus Deal Is Now All But Impossible

Commenting on the likelyhood of a pre-election stimulus deal and today’s trading, Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and morePre-Election Stimulus Deal Is Now ImpossibleThe major indices are all trading significantly lower at midday following a gloomy overnight session and a steep morning selloff on Wall Street. The global COVID situation further deteriorated over the weekend and the number of U.S. infections also hit a new record, jumping above 80,000 two days in a row. Even the weekly-average of new cases hit a new high, with the Midwest being t…

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HEDGE accordingly