A Plan For Post-Election Turmoil
As we get to the last votes counted in this election, the question is where do markets go from here? With the possibility of persistent legal challenges and vote recounts in the days and weeks ahead, demand for crash hedges (including puts) could quickly return. The right position is to remain defensive, with plenty of portfolio cash and small-sized options positions on a few carefully selected stocks and ETFs and look to safe havens like gold.
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