Tag: AnalysisBidens
Posted in WP-12
Analysis-Biden’s exit could spur Trump-trade unwind, divided government eyed
Author: BLOGGER Published Date: 21/07/2024
By Davide Barbuscia, Suzanne McGee and Matt Tracy (Reuters) – U.S. President Joe Biden’s exit from the presidential race on Sunday could prompt investors to unwind trades betting that a Republican victory would increase U.S. fiscal and inflationary pressures, while some analysts said markets could benefit from an increased chance of divided government under the …