Trusted News Discovery Since 2008
{{/content}}
Trump's Re-Election Could Send Stocks Soaring
Video Credit: Wochit
Published on October 27, 2020 - Duration: 00:36s
Trump's Re-Election Could Send Stocks Soaring
JPMorgan reports the S&P 500 could rally around 14% to hit 3,900 if President Donald Trump wins the November election.
A team of analysts said a Trump victory is the "most favorable outcome for equities." JPMorgan said a 'Blue Sweep' scenario would be mostly neutral for equities in the short-term.
The analysts said that although the economy would see more federal stimulus, that could be offset by rising corporate taxes.
JPMorgan expects energy, financials, and healthcare to see the biggest increase.
Those are sectors both Joe Biden and Trump want to see improvements in.
You are here
Related videos from verified sources
Elections Forcing 72% Of Investors To Rethink Their Portfolios 00:32
Video credit: Wochit - Published on October 21, 2020
Jim Cramer Names the Stock Winners and Losers for the Election 03:02
Video credit: The Street - Published on October 16, 2020
Jim Cramer Says Stocks Can Rise if Biden or Trump Wins 02:47
Video credit: The Street - Published on October 15, 2020