Wall Street: Investors and Trump

wall street: Investors betting on a Trump presidency would be buying shares of U.S. companies that dealt exclusively with domestic customers and suppliers, according to The Japan Times. Yet the Trump trade is not much in evidence on Wall Street, where some market strategists and investors said they find it difficult to position their portfolios for his possible presidency, in part because many of his proposals are contradictory or lack specific implementation details. If investors were taking the Republican presidential nominee at his word, they would be selling shares of Apple, Mondelez International and Ford and cashing out of Mexican equities — all targets of Trump threats of boycotts, barrier walls or import taxes. Should Trump win the Nov. 8 election, some investors said, it is not clear how the New York businessman could push through policies that clash with mainstream Republican party views on free trade and low taxes. They are not taking individual items as seriously as they would with other candidates, he added. The investment community in particular is having trouble figuring out what is about, said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland. (news.financializer.com). As reported in the news.

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