November 8, 2024
Investors are betting that Donald Trump will boost the dollar

Investors are betting that Donald Trump will boost the dollar


Political risk—the notion that an election might have a meaningful impact on financial markets—used to be something that was the concern of emerging-market investors. Those in rich countries paid attention to central bankers, rather than politicians. Things are a little different today. In the run-up to America’s presidential election on November 5th, asset prices have moved alongside polling averages. Wall Street hums with talk of the “Trump trade”.



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