From Investing.com: 2024-06-22 11:32:02

Goldman Sachs warns that tariffs could hurt US companies with high international revenue exposure. Companies with international suppliers may face challenges as well. The investment bank notes higher odds of a Trump victory in prediction markets. Uncertainty surrounds potential tariff increases, but they are likely if Trump wins.

The US election outcome will impact the dollar and performance of domestic versus international firms. In 2018, US-China trade tensions led to domestic sales outperforming international sales by 9%. Investors should monitor election developments and stocks with significant international exposure, according to Goldman Sachs strategists.



Read more at Investing.com: Tariffs is the biggest election-related risk to US stocks: Goldman Sachs By Investing.com