Saxo Bank: Markets are flooding into "Trump 2.0" deals
2024-11-06 06:08:53
On November 6th, John Hardy, chief macro strategist at Saxo Bank, wrote in a report that the market is flooding into "Trump 2.0" deals as the Republican candidate leads the vote and Harris' path to victory narrows. Even so, he said, < b > investors should be patient because a true "Trump 2.0" scenario requires control of the House of Representatives . He also added that < b > given that Trump has a stronger popular vote this time, the chances of Republicans taking control of the House of Representatives are high . Hardy said the market reaction was strong but orderly because investors have been lining up in the direction of "Trump 2.0" deals since the beginning of October.
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