While the policies would probably be positive for the US equity markets, others such as Japan and Europe could suffer. The US equity market and Bitcoin have had a very strong few weeks driven by a combination of improved economic outlook and also growing confidence that Trump will win. She has distanced herself from Trump’s tariffs, but is likely to continue the Biden administration’s tariffs on Chinese electric vehicles. The election could be a factor there.”He said there had been some recent trading volatility in Trump Media and Technology Group shares. At the moment, financial and betting markets are picking a Trump win.

Source: New Zealand Herald November 05, 2024 11:46 UTC