"Biden vs. Trump: Impact on Global Business and Politics"

Wall Street appears to favor a Donald Trump victory in the upcoming presidential election, as stock returns have shown a clear pattern of performing better when Trump leads in the polls. Billionaire hedge fund manager Scott Bessent noted that stock returns have been significantly higher when Trump is ahead, attributing this to the stark policy differences between Trump and Biden, particularly in areas such as tax cuts, regulation, and international relations. The collective wisdom of Wall Street seems to be aligning with Main Street, as both are showing preference for the candidate whose policies are perceived to be more favorable for American business and economic growth.