On November 1, Jin Shi's data, US bank analyst Michael Hartnett said that if Trump's victory causes a rebound in the stock market, investors should consider selling US stocks. This is similar to Citigroup's view earlier this week. If Trump wins and gains a majority in both the Senate and the House, it could lead to tax cuts and immigration control. This will fuel inflation and interest rate increases, putting stocks at risk. The views of the two largest banks on Wall Street conflict with the widespread belief that a Trump victory will boost the market.

SHI0,45%
CHO-0,87%
TRUMP-2,27%
G-6,41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)