Strategist Greg Valliere says Trump and Trudeau's rocky relationship in 2017 could worsen in the event of a second Trump presidency.
“Tariff concerns have been a drag on EU equities,” the research team lead by Emmanuel Cau wrote in a note Wednesday. They estimate that a full-blown trade war could result in a high single-digit drag on earnings per share growth. A Goldman Sachs Group Inc. basket of European companies expected to be negatively impacted by US tariffs is down 11% this year, while the pan-European Stoxx 600 Index is up 8.7%.
While a Trump win risks adding to the pressure on European stocks following a shaky start to the third quarter earnings season, the Barclays strategists note potential for a rebound if Kamala Harris wins. Sectors including clean and renewable energy would stand to benefit, having been impacted by rising odds of a Trump win.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »