According to Pepperstone analyst Michael Brown, a Trump victory could bring attention to reflation, tax cuts, and tariffs. This could lead to a rise in the dollar and a fall in Treasuries, as well as boosted stocks, particularly energy and defense stocks. Conversely, a Harris victory could weaken the dollar and lift trade-sensitive foreign exchange markets.
Expectations of more expansionary fiscal policy could weigh on Treasuries, while tighter regulation concerns could affect stocks. However, losses are likely to be absorbed quickly, and clean energy and technology stocks are expected to fare better. The outcome of the election is unlikely to change the long-term macro or market outlook.
Source
<p>The post Trump Harris or Neither: Elections Impact on US Markets first appeared on CoinBuzzFeed.</p>