Bank of New Zealand senior market strategist: Biden underperformed; less impact on the market
2024-06-28 03:51:16
Jason Wong, senior market strategist at Bank of New Zealand, said that Biden did not perform well. Trump's election as president means tariffs, which simply means that the dollar will strengthen. As soon as Biden opened his mouth, the dollar rose. On the other hand, it may be difficult for Biden to continue as a candidate under this performance. Ben Bennett, head of investment strategy in Asia at LGIM, said that the debate is mainly focused on domestic issues and challenging each other's governing record. There is still a long time before the November election, so it is not surprising that the direct impact of this debate on the market is relatively small.
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