哈特内特还建议，若民主党总统候选人哈里斯胜选，投资者应逢低买入，因为在这种情况下，科技股持续上涨的现状有望维持。科技股今年以来一直是美股飙升的主要推动力。Bank of America strategist Michael Hartnett said that if Trump wins the election and triggers a rebound in US stocks, investors should consider selling. Bank of America's view coincides with Citigroup's perspective. According to Citigroup's strategist, if the Republican Party wins a big victory, investors should exit the market.
Bank of America strategist Michael Hartnett stated that if former U.S. President and Republican presidential candidate Donald Trump's victory in the election leads to a rebound in U.S. stocks, investors should consider selling.
Hartnett recently wrote in a report that if Trump wins the White House and Republicans secure a majority in the Senate and House of Representatives, it could lead to tax cuts and immigration restrictions. He pointed out that this would drive inflation and interest rates up, posing risks to the stock market.
Hartnett also recommended that if Democratic presidential candidate Harris wins, investors should buy on dips because in this scenario, the current trend of continuous rise in technology stocks is expected to continue. Technology stocks have been a major driver of the U.S. stock market surge this year.
Hartnett's other recommendations include buying bonds instead of gold if government spending is restricted, and buying European stocks if tariffs force the European Central Bank to lower interest rates faster than expected.
The views of Bank of America align with Citigroup's opinion. According to Citigroup's strategist, the 'almost fanatical' sentiment driving the S&P 500 index to rise for six consecutive months indicates that the time for a pullback has come. If the Republican Party wins a major victory, investors should exit the market.
"Considering our expectation of fundamental uncertainties in the scenario of Trump's reelection and Republican victory, we tend to reduce positions in any market that emerges after the election," Citigroup strategist Scott Kroner wrote earlier this week in a research report.
Kroner also stated that a victory for Harris and any U.S. stock selling resulting from a divided Congress would be a buying opportunity.
Bank of America and Citigroup's views differ from the general market view. The general market believes that a Trump victory will boost US stocks, as his proposal to lower corporate taxes will benefit corporate profits. Harris's potential tax increase policy, on the other hand, is seen as relatively bearish for the stock market.
With the gambling market leaning towards a Trump victory, the s&p 500 index has been continuously rising in recent weeks. However, many major polls still show Trump and Harris neck and neck.
Editor/rice
