Investors are 'sanguine' about Trump winning reelection. “Investors clearly are not factoring in any kind of likelihood of a Democratic win,” warns State Street.
Federal Reserve chairman Jerome Powell is in the spotlight on Tuesday, as he heads to Capitol Hill for two days of testimony.
“I think investors are sort of sanguine about the idea that [President Donald] Trump will mostly likely win, and if you look at most of the analysis, they predict overwhelmingly that Trump will defeat any of the likely Democratic candidates,” Heinel told MarketWatch. Wall Street has cheered the president’s term in office as it has come with new highs for stock markets, but some fear the possibility of tax hikes and fresh regulations from a leftist Democratic candidate.
“Gold is one of the few asset classes that does provide those positive returns in strong upward-leaning equity markets as well as protection on the downside,” said Heinel.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wall Street set for subdued open as investors weigh coronavirus risksWall Street was set to open largely unchanged on Monday after last week's s...
Baca lebih lajut »
Wall Street steady as investors weigh coronavirus risksU.S. stocks ticked higher on Monday, as people returned to work in China after a...
Baca lebih lajut »
Trump Has Failed Latinos—But He Didn't Mention That in His State of the Union Address“The lies that President Trump spewed during his State of the Union Speech are nearly impossible to comprehend. Mi Familia Vota knows that on some of the top priorities for the Latino community—like health care, the economy and immigration—the President’s administration has been a catastrophic failure for our community.'
Baca lebih lajut »
New York State Sues Trump Administration Over Global Entry BanNew York state filed a lawsuit against the Trump administration, arguing its decision to bar the state’s residents from enrolling in expedited-traveler programs was unconstitutional
Baca lebih lajut »
California Gov. Gavin Newsom on The View: 'We are the most un-Trump state in America'California Gov. Gavin Newsom to TheView: 'We are the most un-Trump state in America, and we are also the most diverse state in America.'
Baca lebih lajut »
New York Fashion Week Street Style Day 1: Colorful Coats and Fun AccessoriesProof that warmth, comfort, and a good outfit are not mutually exclusive!
Baca lebih lajut »