Tornado Alley (PROG)

[12yearplan]

Hey Reap, got to see what you are up to one of these daze.. good to see u alive 🙂

NAKA MATSUZAWA, CHIEF MACRO STRATEGIST, NOMURA, TOKYO:
"I think the market was not yet ready for a 'red sweep'...if the 'red sweep' materialises, 10-year yields for U.S. Treasuries could go up to as high as 4.50% and above. Dollar/yen could go over 155. They're kind of half pricing in that level right now.
"If Trump can pass tax and spending bills first, then he doesn't have to rush for the hard line policies against China, which come rather later. If Congress is controlled by Republicans Trump can prioritise economic stimulus measures."
 
MATTHEW RYAN, HEAD OF MARKET STRATEGY, EBURY, LONDON:
"Not only are markets positioning themselves for a comfortable Trump victory in the electoral college, but the prospect of a Republican-controlled Congress, which is key in determining the ability of the incoming president to force policy changes through the U.S. government."
RONG REN GOH, PORTFOLIO MANAGER, EASTSPRING INVESTMENTS, SINGAPORE:
"With Trump, market volatility is likely to pick up, so trading-wise, it does open up opportunities. The volatility comes from uncertainty surrounding how he intends to follow through on some of his campaign promises.
 
"Right now the markets are focusing narrowly on the prospect of tariffs, because it is the easiest lever to pull directly under a presidential executive order, but we’ve seen between 2016 and 2020 other levers that can be pulled to contain China.
"From this perspective, I think a foreign investor is likely to position more defensively towards China-focused risk."
GARY NG, SENIOR ECONOMIST FOR NATIXIS, HONG KONG:
https://www.reuters.com/markets/us/markets-see-modest-trump-trades-election-results-start-trickle-2024-11-06/