Barclays and UBS equity analysts give insight into how European investors should be thinking about the US election in new research notes.
Across the pond, European investors will also be keeping an eye on the results. Both Barclays and UBS have broken down what the US election outcome could mean for European investors providing some key pieces of advice and insight. However, Barclays' equity analyst, Emmanuel Cau highlights that in the long-term elections have had little lasting impact on markets. He believes a convincing win by either candidate would be a "market-positive" in the short-run, noting that value stocks have typically led post-election rallies. A contested election, which still remains a possibility, would present the most market volatility out of the election outcomes, Cau said.
"A fiscal package to support the economy would still emerge, but it is likely to be smaller than under a Blue Wave," Turner said. "Renewed trade tensions with China could emerge and Europe is likely to remain in the crosshairs for the trade hawks."1. A Biden win is likely to be more beneficial to Europe due to 3 key policies1. Increase in corporate tax rate, would be more of a negative for US than European earnings, Cau said.
In the medium term, a Biden administration would benefit European companies leading on green initiatives, Turner said. Defensives and value sectors, such as financials and energy, have lagged the most, Cau said. He also notes that despite the US-China trade war, Chinese equities are performing in line with S&P 500 due to large technology exposure compared to Europe and LATAM where stocks are underperforming.
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:
Looking for another women's beauty pageantry for grading the meat!
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS on biotech stocks to buy ahead of 2021: C4 Therapeutics, Sarepta - 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 »
HSBC stock price rises after Europe's biggest bank posts Q3 earnings - 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. 90% of news about covid and trump Is relocation to Hong Kong still on the agenda?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Technology stocks lead market lower as tech CEOs grilled by Congress - 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. does the GOP really feel they understand technology enough to have this conversation? or are they going to pout until someone says something they want to hear? Disappointing Microsoft outlook? They beat every expectation.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market slide could force Trump to quickly negotiate stimulus deal: Pelosi - 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. Nancy Pelosi will try anything, decades of ripping off the American people and they never learn. SpeakerPelosi crazy Nancy should be the first female on mars and left there :) Buy the dip. DCA, this may be your opportunity to dollar cost average into assets that make sense and have promising products. Do your own research...
Source: BusinessInsider - 🏆 729. / 51 Read more »
VIX soars to 4-month high as COVID-19 cases spur stock-market worry - 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 »
Navigating pre-election madness — The Fed's dark side — Trading a K-shaped recovery - 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. thanks for this news
Source: BusinessInsider - 🏆 729. / 51 Read more »