US stocks and other risky assets rallied on Wednesday after Donald Trump’s decisive election victory, but bond investors highlighted why euphoria could be shortlived if the president-elect’s campaign policies drive up inflation. “Sugar rush is a good term for what we’ve experienced,” said Tina Fordham, founder of advisory firm Fordham Global Foresight, which advises investors and corporate executives on political issues.
“A decisive win was a surprise given the polling, but I think there will be at least some modest reversal . . . as we hear more and more from the president-elect.” Although equity investors on Wednesday were mainly focused on the positive side of the equation, there were already some pockets of activity pointing towards longer-term worries. The worst-performing sector in the S&P 500 was real estate, a sector where returns are highly correlated with interest rates.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: TheRegister - 🏆 67. / 61 더 많은 것을 읽으십시오 »