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Biden drops out of presidential race: How will markets react?
On July 21, Biden announced withdrawal from the presidential race, endorsing Vice President Kamala Harris. It injects a wild card into the U Show More
On July 21, Biden announced withdrawal from the presidential race, endorsing Vice President Kamala Harris. It injects a wild card into the U.S. elections, likely translating into market volatility.

Following the attempted assassination, bets on Trump's victory have increased. The Trump trade now supports rising U.S. bond yields, gains in bank, health, and energy stocks, Bitcoin, and a stronger dollar. Roundhill Financial noted, "If Vice President Harris can mobilize quickly to give Trump a material run, we should expect volatility to linger." Investors are now considering whether to continue the Trump Trade.

🗽Discussion
1. Which sectors do you think will benefit the most from the presidential race?
2. How might you adjust your investment strategies considering Biden's withdrawal?

#US Election
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