Evercore ISI predicts sector winners and losers in US equity market under Trump/Republican sweep.

From Investing.com: 2024-10-05 05:30:28

Evercore ISI analyzes US equity market ahead of November election with Harris leading Democratic Party after Biden. Another attempted assassination on Trump signals ongoing political uncertainty. Sectoral winner/loser predictions remain despite Harris’ rise, with Divided government history favoring stock performance. Trump’s deregulatory push benefits Financials and Oil & Gas, while Defense stocks gain under Republican Congress sweep. Autos and Agriculture suffer under trade wars. Trump’s policies could drag U.S. growth in 2025, with new tax cut proposals adding $2 trillion to deficit.



Read more at Investing.com: Evercore’s top ideas for a Trump/Red Sweep By Investing.com