Asian Stocks to Slip After Treasuries Take a Hit: Markets Wrap

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Donald Trump,Presidential Debate,Bloomberg

(Bloomberg) -- Stocks in Asia are set to fall, while bonds in the region are likely to track Treasuries lower as traders weighed the possibility of another...

-- Stocks in Asia are set to fall, while bonds in the region are likely to track Treasuries lower as traders weighed the possibility of another Donald Trump presidency in the wake of his debate with Joe Biden last week.BlackRock Deal to Make Preqin’s Founder Richer Than Larry Fink

Investors are now looking toward the US election as an even bigger potential market event given that it currently appears Trump’s chances of retaking the White House have meaningfully improved, according to Ian Lyngen and Vail Hartman at BMO Capital Markets. In Europe, ECB President Christine Lagarde signaled that there is not sufficient evidence that inflation threats have passed, feeding expectations that officials will take a break from cutting interest rates this month. The euro climbed as French election results suggested there’s a smaller probability of extreme policies coming from the far-right.

While there’s a common debate about whether the timing of the election impacts the Federal Reserve’s policy choices, history shows the US central bank has not refrained from taking action during those years, according to Komson Silapachai at Sage Advisory. We recently compiled a list of the 10 Best Stocks to Buy and Hold For 5 Years According to Cathie Wood. In this article, we are going to take a look at where Zillow Group, Inc. stands against the other stocks. As the saying goes, time and tide wait for nobody. This also holds The Russell Indexes include the Russell 1000 index of large-cap stocks and the Russell 2000 index of small-cap names, which together make up the Russell 3000 index.

 

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