Who is more dangerous for the economy and stocks: Trump or Biden?

Fed Watch Advisors Founder and Chief Investment Officer Ben Emons joins Yahoo Finance Executive Editor Editor Brian Sozzi and the pair dive into the potential for massive interest rate cuts, if stocks are silly overvalued and if Trump would make the market even greater again. The stock market is pumped up on a view that the Federal Reserve will make it rain free money once more. Many pros think a cooling US economy and waning inflation set the stage for a barrage of interest rate cuts starting in the fall. And with those lower interest rates, a land of even higher stock prices for top names such as Apple and Nvidia are unlocked. But is that just wishful thinking? Should investors think through this one more rationally? Meantime, former President Donald Trump is leading in the polls versus sitting President Joe Biden. That has begun to reignite what is known as the “Trump Trade” on Wall Street. It also has people calling out danger ahead for the economy. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Ben Emons joins Opening Bid 01:00-All things rate cuts 05:00-Markets don't vote for presidents 11:00-Would Trump remove Jerome Powell? 22:00-Don't forget the big word: diversify Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Ben Emons is the Founder and Chief Investment Officer of Fed Watch Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices