Investors could start getting worried if polls prove correct and Bernie Sanders emerges as the winner in the IowaCaucuses.
If the left-leaning candidate gains momentum and wins Iowa and other primary battles, strategists say market volatility could pick up.
Democratic U.S. presidential candidate Senator Bernie Sanders speaks to supporters and volunteers at a campaign field office in Cedar Rapids, Iowa, February 2, 2020.Iowa's Democratic presidential caucuses Monday are a step toward narrowing the far-flung field of candidates, and investors could start getting worried if polls prove correct and Bernie Sanders emerges as the winner.
"I think the market really has run up for a lot of reasons, but they clearly have been pricing in a Trump re-election," said Lori Calvasina, chief U.S.equity strategist at RBC. "The betting markets are sending a positive signal on Sanders right now. The big sort of shift in trend is Bernie."
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