"Wall Street's Election Day Preparations: Betting on the Better Business Administration"
Wall Street investors are preparing for a potential red wave on Election Day, which they see as the most likely outcome to cause major changes in the economy. They believe a Republican victory could have a similar economic effect to that of 2016, while a widespread Democratic victory is predicted to result in more government spending and higher borrowing costs. Polls show Trump leading over Biden in many battleground states and dominating on issues such as the economy and illegal immigration.