New York Times (July 22)
“The shock waves from President Biden ending his re-election bid, after weeks of pressure to step aside, are still reverberating around the world…. Biden’s withdrawal opened a flood of Democratic donations, with more than $50 million pouring in on Sunday, in what one strategist said might be ‘the greatest fund-raising moment in Democratic Party history.’”
Tags: 50 million, Biden, Donations, Fund raising, Pressure, Re-election, Reverberating, Shock waves, Strategist, Sunday, Withdrawal
Barron’s (July 8)
“Worried that the stock market has gotten ahead of itself? You’re not the only one. Morgan Stanley strategist Andrew Sheets doesn’t see much upside in stocks these days, resulting in his decision to cut the firm’s allocation on global equities to underweight from equal-weight.”
Tags: Allocation, Equities, Morgan Stanley, Sheets, Stock market, Strategist, Underweight, Upside
