Reported 12 months ago
As Wall Street anticipates the possibility of President Joe Biden ending his re-election campaign and Donald Trump returning to office, traders are adjusting their portfolios, moving funds to and from assets impacted by the potential shift. The speculation follows concerns raised after Biden's debate performance against Trump, prompting investors to prepare for different outcomes. Market reactions include shifts in the dollar's value, Treasury yields, stock sectors, and even impacts on Asian markets and cryptocurrencies.
Source: YAHOO