PremiumTraders Will Focus More On Havens Than Trump Trades When Biden Goes
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By Garfield Reynolds, Bloomberg Markets Live reporter and strategist
Momentum is seemingly accelerating for President Joe Biden to pull out of this year’s elections.
Should Biden indeed step aside, traders are likely to boost their search for havens as US politics becomes more volatile, and to reconsider so-called Trump trades. Overnight at least, the US dollar was the standout performer.
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