How markets will respond to a Trump or Biden win
Both ageing candidates pose problems, but the objective is to make prudent, long-term financial decisions, regardless of the election result.
The prospect of Donald Trump securing a second term as president of the United States stirs passionate responses. A significant portion of people believes Trump’s re-election would be disastrous for the economy and markets; a similar number thinks the same about the potential re-election of Democrat President Joe Biden.
Nevertheless, investors should not overlook the likelihood of Trump 2.0. Polls not only tell us a second Trump presidency is possible, they tell us it is likely. Many Americans are buying what Trump is selling as he campaigns for the Repubican nomination.
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