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.

How might Joe Biden's election impact the market according to the text?

What is the significance of the polling data mentioned in relation to Mr. Biden's election?

What is the general sentiment among investors regarding a potential blue wave in the US elections?

What are some of the structural problems mentioned that need to be addressed in the economy?

What role does fiscal policy play in helping the economy as discussed in the text?