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Trump's Re-Election Could Send Stocks Soaring

Video Credit: Wochit - Duration: 00:36s - Published
Trump's Re-Election Could Send Stocks Soaring

Trump's Re-Election Could Send Stocks Soaring

JPMorgan reports the S&P 500 could rally around 14% to hit 3,900 if President Donald Trump wins the November election.

A team of analysts said a Trump victory is the "most favorable outcome for equities." JPMorgan said a 'Blue Sweep' scenario would be mostly neutral for equities in the short-term.

The analysts said that although the economy would see more federal stimulus, that could be offset by rising corporate taxes.

JPMorgan expects energy, financials, and healthcare to see the biggest increase.

Those are sectors both Joe Biden and Trump want to see improvements in.


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