US Economy At Stake In Biden Vs. Trump Debate: 'Both Candidates Have Policies That Are Inflationary'
Portfolio Pulse from Piero Cingari
The upcoming debate between President Joe Biden and former President Donald Trump is expected to focus on the economy and foreign policy. Both candidates have policies that could lead to increased inflation and fiscal spending. Market reactions, particularly long-term Treasury yields and the VIX, are anticipated to be volatile post-debate.
June 27, 2024 | 8:56 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF Trust (SPY) could experience increased volatility following the debate due to market anxiety about future economic policies from either candidate.
The debate's focus on economic policies and the potential for increased fiscal spending and inflation could lead to market volatility. SPY, tracking the S&P 500, is likely to be impacted as investors react to the candidates' proposals.
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RELEVANCE 80