Is Trump stable? The gambling odds are close to the level when the Democratic Party changed leaders.
Although the current poll numbers from institutions in the USA show that the competition between the Republican presidential candidate Trump and the Democratic presidential candidate Harris remains intense; however, in the more 'real deal' - directly affecting the gains and losses of the players in the gambling market, the balance of victory is clearly leaning towards Trump.
Billionaire investor Druckenmiller: The market is very confident that Trump will win.
Legendary investor Stan Druckenmiller stated that the market is digesting Trump's election victory, and the Federal Reserve's significant interest rate cut in September was a mistake. He also mentioned that selling all his nvidia shares was a major error.
Bank of America: Fund managers are bullish on the Chinese economy and stocks overall, while the global stock market is showing a sell signal.
A global survey conducted by Bank of America in October showed that after China's package of stimulus measures was introduced, the net proportion of global fund managers expecting China's economy to strengthen over the next 12 months reached 48%, the highest since April 2023. However, it is necessary to be cautious as global stock markets have just triggered a sell signal from Bank of America for the first time since February 2021. Investors have shown optimism, anticipating a solid foundation for the global economy.
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