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US Election: How will equities be affected? #SaxoStrats
Low growth would result from a Clinton victory, but a Trump triumph would mean a sharp downside reaction, explains Saxo Bank’s head of equity strategy Peter Garnry.
Should Donald Trump win the US presidency, Garnry says the market could move 5%-10% to the downside and this volatile scenario may provide opportunities to buy dips.
He says that a Clinton win could trigger a positive short-term reaction among stocks, perhaps a gain of 2%-3%.
02:07 minutes
Tags: donald trump, equities, forex, hillary clinton, peter garnry saxo bank, saxostrats, saxotradergo, tradingfloor.com, us election 2016, usd
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