The S&P 500 will fall 8% by the end of 2020, according to Bank of America's equity chief, who says a Joe Biden victory could tank stocks
Their reasons range from a relaxation in lockdown restrictions, zero cash rates, low bond yields, and a rapid healing of credit markets.
"I wouldn't paint myself as a bear, but the risks between here and year-end are completely to the downside," Subramanaian said.
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