How Trump's isolationism threatens long-term equity returns
Now that Donald Trump has become the presumptive Republican nominee for President, Wall Street is scrambling to model how a Trump White House may affect capital markets. A recent Bloomberg article summarized the consensus:
- Bond market: Expect rising yields from upward pressures on term premium.
- Currencies: Rising yields will put a bid under the USD.
- Equities: Stocks in limbo as it’s difficult to form a consensus.
The full post can be found here.
Source: http://humblestudentofthemarkets.blogspot.com/2024/02/how-trumps-isolationism-threatens-long.html
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