CNN BUSINESS | Goldman Sachs: A Democratic sweep would mean faster economic recovery

New York (CNN Business) – President Donald Trump is once again warning voters that Democrats would “shut our economy and jobs down” if they win in November.

Goldman Sachs is telling its clients the exact opposite.

Just hours after Trump’s all-caps Monday morning tweet predicting economic disaster, Goldman economists pointed out that polls “suggest a ‘blue wave’ in which Democrats gain unified control of Washington is becoming more likely” — and they’re not suggesting investors dump stocks.

In fact, “all else equal, such a blue wave would likely prompt us to upgrade our forecasts,” Goldman Sachs chief economist Jan Hatzius wrote in a Monday report.  —more—