Reported 2 months ago
The 'Trump trade', built on the assumption of Donald Trump winning a second term and full Republican control, is losing momentum as polls indicate a resurgence of Vice President Kamala Harris. Investment prospects tied to Trump's potential economic policies are faltering, with his media company's stock declining significantly since its peak. With signs of a slowing economy and changing investment sentiments, markets are now focused on broader factors beyond Trump's election, suggesting a potential shift to a 'Harris trade' as the political landscape evolves.
Source: YAHOO