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Here's What Stock-market Investors Still Need to Price in as Trump Returns to White House
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The slogan finally arrives at its moment of fulfillment! Is the "Trump Trade" at a new crossroads?
① From the "beautiful aspirations" before the election to the "wanton revelry" after the election, Trump's Trade has gone through two phases over the past six months; ② Now, this Trade's "third phase" may be the most turbulent journey that is about to unfold: with Trump's official inauguration, all of the campaign slogans from last year's USA election winner will soon come to fruition...
Bank of America: Trump's Trade will protect the US stock market from a sharp decline but will not lead to significant increases.
Bank of America strategists indicated that as investors focus on Trump's protectionist economic agenda and proposals to lower corporate taxes, his return to the White House could protect the U.S. stock market from massive sell-offs.
for a long time?
