Abby Joseph Cohen Says Blue Wave Could Bring Markets More Policy Certainty

The transcript discusses the uncertainty surrounding the US election and its potential impact on the market. It highlights the increasing probability of a 'blue wave' with Joe Biden's potential election, a Democratic Senate, and a Democratic House. Investors view this as potentially positive due to increased policy certainty, especially regarding fiscal policy. The economy is recovering slowly, with structural issues like long-term unemployment needing fiscal intervention. The focus is on the long-term economic outlook beyond 2021.

What is the term used to describe the potential Democratic control of the presidency, Senate, and House?

• Blue Wave

• Yellow Wave

• Green Wave

• Red Wave

How might investors view a Democratic win in terms of policy certainty?

• As a negative impact on fiscal policy

• As a source of uncertainty

• As a positive influence on policy certainty

• As irrelevant to market reactions

What is one of the structural problems mentioned that needs addressing in the economy?

• Corporate tax rates

• Interest rate fluctuations

• Long-term unemployment

• Short-term unemployment

Which policy is emphasized as necessary to address structural economic issues?

• Environmental policy

• Monetary policy

• Trade policy

• Fiscal policy

What is the focus of the economic outlook discussed in the final section?

• Long-term economic outlook

• Immediate tax reforms

• Short-term corporate profits

• Current interest rates