Reported 12 months ago
Foreign banks analyze that US stocks and bonds typically perform well in election years, with four possible election outcomes having different impacts on financial markets. Trump's performance in the first debate has led to speculation that he has an advantage. Different scenarios, such as Trump's victory with a divided Congress or Republicans controlling both houses, could affect US stocks, bonds, the dollar, and oil prices. Despite early advantages for Trump due to concerns over Biden's age, Biden may have an edge if he can avoid economic recession before the election. Various election results may have implications for the financial markets, and it is essential to monitor economic cycles and any unforeseen market conditions.
Source: YAHOO