CNBC contributor David Zervos sees that Biden and Trump policies are not too different, except for a few key areas that will have a notable market impact.
With less than 140 days to go until the U.S. presidential election, the policy differences between Donald Trump and Joe Biden are becoming a key focus for financial markets. Looking back to 2016, I wrote a handful of notes to clients on the likely market impact from Trump vs. Clinton policy differences with far less available information. This time, the exercise is much easier since one can simply go back to the tape and compare both track records.
Initially, rates may jump and the dollar may strengthen as well, but I see the rate shock fading on a positive supply side storyline. The primary market moves on election night will come through the equity side as a result of significant regulatory policy divergences. Under a Biden win, it will be status quo in markets. With a Trump win, S&P 500 futures that night will get some serious legs.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
David Zervos: The key policy differences between Trump and Biden and what they mean for marketsCNBC contributor David Zervos sees that Biden and Trump policies are not too different, except for a few key areas that will have a notable market impact.
Read more »
Lots of Biden and Trump voters don’t really like Biden and TrumpNew swing-state polling shows a lot of softness in candidate support — and broad support for abortion-access initiatives.
Read more »
Biden plans to head to Camp David to prepare for June 27 debate with TrumpAfter back-to-back trips to Europe, President Joe Biden plans to head to the presidential retreat at Camp David next week to prepare for his first 2024 debate with Republican Donald Trump
Read more »
Biden plans to head to Camp David to prepare for June 27 debate with TrumpAfter back-to-back trips to Europe, President Joe Biden plans to head to the presidential retreat at Camp David next week to prepare for his first 2024 debate with Republican Donald Trump. The woodsy Maryland hideaway has been used by a number of past presidents for similar cram sessions.
Read more »
Biden plans to head to Camp David to prepare for June 27 debate with TrumpAfter back-to-back trips to Europe, President Joe Biden plans to head to the presidential retreat at Camp David next week to prepare for his first 2024 debate with Republican Donald Trump.
Read more »
Biden plans to head to Camp David to prepare for June 27 debate with TrumpAfter back-to-back trips to Europe, President Joe Biden plans to head to the presidential retreat at Camp David next week to prepare for his first 2024 debate with Republican Donald Trump.
Read more »