Reported 10 days ago
Stuart Kaiser, head of US equity trading strategy at Citi, discusses the potential impact of the upcoming 2024 presidential election on US equities and US-China relations. He describes the election as a 'big risk event' for markets, indicating a balanced outlook (50-50) on its effects. Both candidates seem to offer similar economic policies, which may not be favorable for equities. Kaiser also notes that the adversarial stance towards China remains consistent with both platforms, complicating the outlook for Chinese economic recovery.
Source: YAHOO