Wall Street Plays Defense to Dodge Midterm Punches
- Corrects story published Nov. 5 to remove erroneous quote
- Quote originally attributed to Eurizon SLJ’s Neil Staines
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Kevin Giddis doesn’t expect much in the way of surprises from the U.S. midterm elections. But then again, that’s what he thought two years ago as well.
That fateful night, Giddis, head of fixed-income capital markets at Raymond James & Associates, went to a Memphis Grizzlies basketball game -- Hillary Clinton’s presidential victory all but assured. By the time he got back to the firm’s office a few hours later, the market chaos was already in full effect.