Reported 2 months ago
Kamala Harris's increasing popularity in polls and potential interest rate cuts by the Federal Reserve are negatively affecting investments linked to a potential Trump victory. Since Biden announced he would not seek reelection and Democrats united behind Harris's candidacy, strategies benefiting from Trump's return have weakened, with the dollar stagnating and Bitcoin prices dropping. Market analysts suggest that the shifting political landscape is a cautionary tale for investors betting on political outcomes.
Source: YAHOO