Market consensus is for Trump to win US election: JPMorgan

JPMorgan analysts said in a note Tuesday that when it comes to the US election, the market's current consensus view is for Trump to win the White House, the GOP to win the Senate, and for Democrats to win the House.

When revealing their key takeaways from their election outlook analysts, JPMorgan said that a Trump win would result in a harder line on foreign policy, particularly with China,"with a view that 'America must win and dominate' through greater use of Executive Orders surrounding trade and investment."

Furthermore, the bank says that strength of governance and track record are the most important determinants for an election outcome, which"currently gives Biden an advantage."

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market consensus is for Trump to win US election: JPMorganMarket consensus is for Trump to win US election: JPMorgan
Source: Investingcom - 🏆 450. / 53 Read more »

JPMorgan warns of 'negative' initial market reaction to spot Ethereum ETFs'The initial market reaction to the launch of spot ethereum ETFs is likely to be negative,' wrote a team of JPMorgan analysts.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Warren Buffett's Berkshire Hathaway owns 3% of the entire T-bill market, JPMorgan estimatesBerkshire Hathaway's purchase of Treasury bills has been so aggressive that the conglomerate now owns 3% of the entire market, according to JPMorgan.
Source: CNBC - 🏆 12. / 72 Read more »

Trading the jobs report: Where JPMorgan sees the market going based on these scenariosEconomists polled by Dow Jones expect the U.S. economy added 190,000 jobs in May.
Source: CNBC - 🏆 12. / 72 Read more »

Fidelity International Tokenizes Money Market Fund on JPMorgan’s BlockchainIan Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »