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US election: is the Trump Trade back?

2 November 2024
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US election: is the Trump Trade back?
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In the lead up to the US presidential election, polls show a tight race between Donald Trump and Kamala Harris in key battleground states, with Trump having a slight edge according to pollster Nate Silver. Financial markets are reflecting a potential Trump win, with higher odds for Trump in betting markets and a resurgence of the “Trump trade” in oil and cryptocurrency sectors. However, the impact of a Trump victory on markets remains uncertain, as other factors such as strong US growth and global events may play a larger role in shaping investment outcomes.

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