'Orderly' President Donald Trump win most favorable outcome for equities JP Morgan says
A rise to three ,900 would mark a 12.6% jump from Friday's closing level. A clean sweep by Democrats would be "mostly neutral" for markets, JPM said during a note received on Monday, adding: "We see an 'orderly' Trump victory because the most favourable outcome for equities."
US investment bank JPMorgan expects the S&P500 index to surge
The odds of a "blue wave" have narrowed slightly since mid-October. Former
Within sectors, JPM sees beaten down energy and financial stocks to likely be key beneficiaries of a Trump victory, while a Biden win could trigger a rotation from U.S. growth stocks to non U.S. growth stocks, given