https://www.cnn.com/2020/10/06/business/economy-election-blue-wave-goldman-sachs/index.html

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.

It's true that if Democrats sweep into power early next year, it would likely translate to higher taxes and regulation. Such a reversal from the Trump agenda could eat into corporate profits and the earnings for affluent families.

But Joe Biden is also promising a bonanza of government spending that, coupled with extremely low interest rates, would likely speed up the economy.

Goldman Sachs wrote that a blue wave would "sharply raise the probability" of a fiscal stimulus package of at least $2 trillion shortly after the January 20 inauguration. The bank also cited Biden's longer-term spending plans on infrastructure, climate, health care and education.

https://www.politico.com/news/2020/10/02/biden-campaign-vp-debate-safety-concerns-425485

The Commission on Presidential Debates has agreed to seat Kamala Harris and Mike Pence 12 feet apart at the vice presidential debate next week, after the Biden campaign raised health and safety objections to the original spacing between the two candidates because of Covid concerns.

As of Friday evening, however, the commission would not accede to the Biden campaign‘s request that Harris and Pence stand during the debate. Instead, the two will be seated, which was the preference of the Trump campaign, a source familiar with the discussions told POLITICO.

Negotiations had been underway before President Donald Trump announced early Friday that he had tested positive for Covid-19. But they became especially fraught throughout the day, after the Biden campaign and others who attended the Tuesday presidential debate in Cleveland were undergoing testing to make sure they hadn‘t been infected at the debate. Concerns heightened after 11 new cases of Covid-19 were reported in Cleveland stemming from the debate, the city government disclosed on Friday.

The Biden campaign opposed original plans to position the candidates 7 feet apart, arguing that the two would not be spaced far enough apart to abide by medical guidelines. In light of Trump‘s diagnosis, the commission on Friday decided to move the chairs from 7 feet to 12 feet apart.