Investors were almost mystified by the idea of a Donald Trump presidency four years ago. Stock futures nosedived the night he was elected, only to turn right around and start to rally.
Today, markets have a clearer sense of what Trump will bring to the table in a second term even if they'll still have to contend with issues like theAnd Lori Calvasina, head of US equity strategy for RBC Capital Markets, says some groups of stocks are tracking Trump's reelection odds in betting markets. In broad terms that's because ofproposed corporate tax increase, which, if implemented as proposed, would reduce S&P 500 annual profits by about 9%.
"The performance of the commodity and cyclical sectors that fared best after Trump won in 2016 – Energy, Financials, and Industrials – has been inversely correlated with Biden's chances," she wrote in a note to clients, while communication, consumer discretionary, and tech stocks tend to rise when people Trump's odds are falling.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
They simply dont have another options
Can't read article
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Britney Spears' conservatorship and the #FreeBritney movement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It sounds like her parents are living large off her misery and have her locked up to keep her from emancipating her wealth from them 🤬🤬🤬
Source: BusinessInsider - 🏆 729. / 51 Read more »
Take a look inside a historic Missouri house with nine jail cells - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This would be a great house for those in the family that refuse to quarantine. 🤣
Source: BusinessInsider - 🏆 729. / 51 Read more »
ETF investing strategies for blockchain, gig economy: Toroso managers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a Trump win in November helps Tesla's competitors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Because ElonMuskNewsOrg Is such a horrible red pill, I will never buy a Tesla! So by forcing China to play more fairly by lowering their tariffs so that American auto can export to China more easily... that does not make business sense to you? (On this subject you are talking rubbish).
Source: BusinessInsider - 🏆 729. / 51 Read more »
Clear reasons for progressives to vote BIden over Trump in election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. mannyfidel mannyfidel 😂🤣😂🤣 mannyfidel Why was 🤡 Bernie ever allowed in the Democrat primaries anyway? That old fool ruined Warren’s chance.
Source: BusinessInsider - 🏆 729. / 51 Read more »
5 strategies my husband and I used to get a credit score of 800 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. “Our relationship has always been about helping each other succeed” love it. Teamwork makes the dream work!
Source: BusinessInsider - 🏆 729. / 51 Read more »