Goldman Sachs and Citigroup both beat earnings expectations thanks to post-election trading that's benefited banks across the board (see: JPMorgan and Bank of America). Goldman posted a 25% increase in revenue from its trading and securities business, which benefitted from greater volatility related to uncertainty over the new government's economic policies.

Goldman's upside: Goldman shares are up 32% since the presidential election; it may benefit from financial deregulation even more than some other banks, given that it still maintains a big trading business.

Citi's downside: Citi shares are up just 13% since election day. it may be more vulnerable to a backlash against globalization, as much of Citi's revenue comes from its international operations.

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29 mins ago - Health

Axios-Ipsos poll: Fear of voting

Data: Axios/Ipsos poll; Note: ±3.0% margin of error for the total sample; Chart: Andrew Witherspoon/Axios

Democrats are twice as likely as Republicans to worry about in-person voting — with nearly two in three seeing it as a large or moderate risk to their health — according to this week's installment of the Axios-Ipsos Coronavirus Index.

Why it matters: This could pose a significant disadvantage for Joe Biden and other Democratic candidates in November if the pattern holds — especially in states where high infection rates persist, or where there are significant hurdles to mail-in, absentee or early voting.

Trump: Coronavirus is "under control"

President Trump said in an interview with “Axios on HBO” that he thinks the coronavirus is as well-controlled in the U.S. as it can be, despite dramatic surges in new infections over the course of the summer and more than 150,000 American deaths.

  • “They are dying, that's true. And you have — it is what it is. But that doesn't mean we aren't doing everything we can. It's under control as much as you can control it. This is a horrible plague,” he told Axios' Jonathan Swan.
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5 a.m. ET: 18,295,434 — Total deaths: 694,233 — Total recoveries — 10,926,704Map.
  2. U.S.: Total confirmed cases as of 5 a.m. ET: 4,717,716 — Total deaths: 155,471 — Total recoveries: 1,513,446 — Total tests: 57,543,852Map.
  3. Education — Fauci: Schools can reopen with safeguards, but those in virus hot spots should remain closed
  4. Politics: White House will require staff to undergo randomized testing — Pelosi says Birx "enabled" Trump on misinformation.
  5. Sports: 13 members of St. Louis Cardinals test positive, prompting MLB to cancel Tigers series — Former FDA chief says MLB outbreaks should be warning sign.
  6. 1 🎥 thing: "Tenet" may be the first major film to get a global pandemic release.