2024-07-15 07:00:00 ET
Summary
- Donald Trump is safe following a rally shooting, but elections and major political events can cause stock markets to react.
- As the U.S. presidential election draws near, Wall Street has speculated how a change in administration might impact the markets.
- The S&P 500 is up ~45% under the Biden administration, led by energy, tech and industrial sectors. Following their first debate of 2024, markets have speculated about a ‘Trump Trade’.
- The Quant Team has identified five strong buy stocks, thematically aligned with potential investor sentiment on a Trump 2.0 Administration.
Trump Rally
Secret Service rushed former President Donald Trump offstage during an assassination attempt this weekend during a Butler, Pennsylvania campaign rally. Trump reported he was “fine” following the event and that the bullet “pierced the upper part of my right ear” and is safe following a rally shooting, but elections and major political events can cause stock markets to react. As the U.S. presidential election draws near, Wall Street has speculated how a change in administration might impact the markets. Amid this weekend’s assassination attempt, the markets may experience some volatility as investors brace for a ‘Trump Trades’ haven rush ....
Read the full article on Seeking Alpha
For further details see:
Trump Trade: Top 5 Stocks If Trump Wins The Election (SA Quant)