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2024-06-25 13:58:43

The Potential Consequences of a Second Trump Presidency on the UK, Global Seafood Industry, and Canadian Economy on Nostr: Joe Biden's Second Term Could Disrupt Markets More Than Donald Trump's Reelection, ...

Joe Biden's Second Term Could Disrupt Markets More Than Donald Trump's Reelection, Expert Says
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A second term for Trump could disrupt markets more than Biden's reelection. Trump's proposed tariffs and tax cuts may lead to inflation and negatively affect US government bonds. Investors are preparing for political uncertainty by pricing in volatility. However, a Trump victory could boost equities and the dollar, while Biden's tax hikes could be a spoiler. Trump's policies may benefit the energy sector and small-cap companies, but could be financially problematic for seniors. On the other hand, millennials could see positive financial impacts. Wage growth and inflation rates could vary across sectors under a second Trump term. There are concerns that a Trump victory could lead to a global financial crisis. Goldman Sachs advises buying gold as an inflation hedge if Trump becomes president. Moody's Analytics predicts higher inflation and weaker economic growth under Trump. Biden's plans are seen as better for the economy. A coalition of Nobel Prize-winning economists warns about higher inflation if Trump wins. Biden's second term could disrupt markets due to the deep partisan divide. The outcome of the election could impact China and the US economy. #Election2024 #Trump #Biden #Markets #Inflation #Economy...

#newstr #JoeBiden #DonaldTrump #Markets #UsElection #China #Trade #Inflation

https://here.news/story/fd58b90d?ver=0.4
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