Reported about 1 month ago
A recent CNBC survey reveals that 67% of investors believe former President Donald Trump would be better for stock performance compared to President Joe Biden, citing Trump's historical tenure where the S&P 500 rose by 68%. However, market predictions are mixed, with one-third expecting a decline, another third predicting gains, and the remaining anticipating a stagnant market. Despite Trump's favorability, concerns loom over the heavy concentration of tech stocks and the Federal Reserve's impending rate cuts, underscoring an uncertain market outlook.
Source: YAHOO