Experts explain why Trump verdict could kickstart market volatility around the 2024 election

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Yardeni Research,Market Volatility,Stock Market

Former President Donald Trump's falsifying documents verdict could add some volatility to the markets.

“Any sell off in the market related to a geopolitical crisis or a domestic political crisis may actually turn out to be a buying opportunity,” Yardeni said. “The market will continue to focus on what is most important, and that's the economy, and if politics affect that, then that will obviously have an impact on the stock market.”

With about five months until election day, investors are beginning to assess which candidate is better for stocks. If campaign promises are a guide, a win for President Biden in November will likely lead to further investments in clean energy and manufacturing, expanded healthcare coverage, and lower prescription drug costs.

“We believe Trump 2.0 would mean the return of trade-related market volatility and we would not be surprised to see markets start pricing some of that risk soon,” Bianchi wrote in a note.Trump says potential house arrest in hush money conviction would be ‘tough for public to take’ Fact Check: Trump Once Said a Candidate Under Federal Investigation 'Has No Right to Be Running.' Here's the ContextThe former president was found guilty on all charges after six weeks of testimony and arguments. HuffPost covered the trial live from the courthouse.

 

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