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Goldman Sachs builds midterm trading playbook as prediction markets price a Democratic sweep at 67 percent, BigGo Finance reports
- Goldman Sachs builds midterm trading playbook as prediction markets price a Democratic sweep at 67 percent, BigGo Finance reports — Goldman Sachs has built a sector framework around a 67 percent prediction-market probability of a Democratic sweep of Congress, favoring healthcare, renewable energy and homebuilders and taking a short view on major pharma, defense and crypto. The bank notes the S and P 500 rose in the 12 months after all 19 midterms since 1950, with an average gain of 15.1 percent. (BigGo Finance)
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