With the 2020 election now only a year away, Morgan Stanley put together a cheat sheet for investors to trade the eventual outcome. For example, the firm sees bank and oil stocks as the biggest winners if President Donald Trump wins re-election and the Republicans keep the Senate.
Morgan Stanley laid out the four possible scenarios like so:
- Democrat wins White House, split Congress.
- Republican wins White House, split Congress.
- Democrats sweep White House, Congress.
- Republicans sweep White House, Congress
Under scenario one, the firm notes that alternative energy stocks would gain, but that oil and gas stocks, along with big banks could come under pressure. Massachusetts Senator Elizabeth…