Buy these stocks if Trump and GOP win big in November, says Wolfe Research

📆 15.07.2024 19:22:00
📰 CNBC

⏱ Reading Time:
15 sec. here
14 min. at publisher
📊 Quality Score:
News: 51%
Publisher: 72%

Donald Trump Nachrichten

Investment Strategy,Stock Markets,Trump Media & Technology Group Corp

If election-betting odds continue to favor Trump and a rate cut this September, Wolfe's Chris Senyek would buy financials and energy stocks.

Several stocks could get a boost if former President Donald Trump wins the presidency and the GOP secures control of Congress, the odds of which have increased since the weekend, according to Wolfe Research. Investors are expecting that Saturday's assassination attempt on Trump at his Pennsylvania election rally have increased the odds of him securing the election and will also spark trades this week that are betting on that outcome.

He added that if election-betting odds continue to show Trump leading the presidential race and the Federal Reserve cutting interest rates in September, he would look to buy financials and energy stocks, while selling utilities and staples, among other defensive pockets of the market.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks to buy if Trump leads Republican sweep after Biden debate flop, according to Wolfe ResearchWolfe Research is highlighting potential winning stocks if former president Donald Trump wins the White House in November and the GOP sweeps Congress.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »