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The Tell: This indicator shows investors are worried about a November ‘Blue Wave,’ and Democratic corporate tax hikes, Goldman says

5 Jun 2020

While the S&P 500 has rallied 39% from its March 23 low, the market for long-dated dividend futures has risen just 7%, according to a Thursday note from Goldman Sachs, reflecting concerns over earnings growth and rising chances that a Democratic sweep in November will lead to a reversal of the 2017 corporate tax cuts.


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