Off Topic Quote From Oppenheimer Quote:
If Democrats win both Senate runoffs in Georgia on Tuesday, securing control of the two chambers of Congress, it could trigger a 10% stock market sell-off. That's according to Oppenheimer chief investment strategist John Stoltzfus, who wrote in a note to clients on Monday that investors may be spooked by the prospect of increased corporate taxes and government spending under the Biden administration with a Democratic majority in the House and the Senate.
"A Democratic sweep of the two runoff elections in Georgia could cause the U.S. broad equity market to experience a downdraft of anywhere between 6% and 10%," Stolzfus wrote. Unquote