If Trump or Kamala Harris achieves a major victory in November, how will the U.S. stock market react? UBS has analyzed six possible scenarios
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The results of the US presidential election in November are difficult to predict, and persistent inflation complicates the Federal Reserve's (Fed) ability to lower interest rates, leading to various opinions on the outlook for US stocks before the year ends.
According to a report by Dow Jones, a team of strategists from UBS Group has analyzed potential outcomes and estimated target prices for the S&P 500 index under the following six scenarios:
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1. A divided government with a soft landing for the US economy
Whether the winner in November is Republican candidate Trump or Democratic opponent Harris, the most likely scenario is a divided federal government, coupled with the Fed successfully achieving a soft landing for the economy, thereby avoiding future recession.
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