‘Giant Risk Event’ Makes Hedging a Good Bet in 2020, TD Says

(Bloomberg) -- Traders should brace for heightened volatility in 2020 as the U.S. presidential election becomes one more reason for investors to hedge, according to TD Securities.The firm calls next year’s vote “a giant risk event,” and expects President Donald Trump to become the first American leader to be impeached by the House while running for re-election. A surge in volatility would shatter the recent market tranquility that’s been driven by signs of a rebounding ec