From Investing.com: 2024-11-16 03:00:00

Bank of America strategists analyzed the impact of the “Trump trade” on the economy post-election. Market reactions included surges in equities, Treasury yields, and the US dollar. Lessons learned include expectations of increased tariffs leading to higher breakeven inflation and potential shifts towards higher policy rates. The deregulatory agenda is fueling an equity rally, particularly benefiting the Financials and Energy sectors. Implications span across sectors, with smaller-cap companies possibly impacted by tariffs and rising rates, while M&A opportunities could support SMID banks, IT, and healthcare. Imported goods and labor reliant industries may face challenges from tariffs and immigration policies.



Read more at Investing.com: What are the economics of the Trump trade: BofA By Investing.com