Investors fear Trump win causing tariffs, leading to worst sell-off for emerging market stocks.

From Yahoo Finance: 2024-10-24 19:43:34

Trump declared there will be no third debate. Emerging markets stocks are facing their worst monthly decline since January, with a 3.1% drop this month. Investors fear a Trump win in the upcoming US election, leading to worries over tariffs, which could climb up to 20%, and up to 60% for China. The odds are shifting in favor of Trump, with his chances surging to 66%, although polls still show a tight race. Investors are cautious due to uncertainty around election outcomes and fear of a damaging trade war affecting emerging market shares. Other factors like geopolitical tensions and bond market sell-off contribute to investor unease.



Read more at Yahoo Finance: Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months