China Merchants Securities: "Trump Trade" Coming Earlier with Less Volatility
Based on current election conditions, the most likely scenario is Trump becoming president with the Republican party controlling both houses of Congress. Trump would face fewer obstacles in implementing tariffs, income tax cuts, and anti-immigration policies, which could benefit U.S. profits but might trigger another round of inflation. U.S. Treasury yields and the dollar could remain high. Trump's industry preferences would also boost traditional energy, utilities, and banking sectors.
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EZ_money : oil will drop in price helping lower inflation
Simon 5183 : It's nonsense. The Republican Party has always supported small governments to reduce treasury debt with less regulation; the Democratic Party's profligate spending is the culprit of inflation!
BFSkinner Simon 5183 : Both parties spend and print money. This is some political bs
Simon 5183 BFSkinner : Which country, that government doesn't print money? Can you print money? Haven't you seen Venezuela? Haven't you seen China? Chile's new president cut government spending and immediately suppressed inflation!
BFSkinner Simon 5183 : You were referring to dem/republican so I don’t get the other countries’ relevance