Posted 1/23/2024, 4:39:00 PM
Wall Street Weighs Market Impact of Potential Trump 2024 Win
- Wall Street is already considering the market impact if Trump wins the 2024 election
- Goldman Sachs analyzed market moves after the Iowa caucuses and found the dollar strengthened unusually quickly, suggesting Trump's trade policies could boost it further
- TD Securities expects a Trump win and Republican Senate would lift 10-year Treasury yields and possibly boost equities
- JPMorgan's Jamie Dimon said Trump "grew the economy quite well" and was right about some key issues
- Investors have flocked to a "Trump trade" in small caps and 30-year Treasury yields hit their highest since December, while stocks reached new highs