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Added on the 11/05/2023 23:17:57 - Copyright : AFPTV - First images
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Former top Trump strategist Steve Bannon exits Manhattan Federal Court after he was arrested and charged along with three others for defrauding hundreds of thousands of donors in a Mexico border wall fundraising campaign. IMAGES
US President Donald Trump announces that he will declare a national emergency in order to build a barrier on the US-Mexico border without funding from Congress. SOUNDBITE
The MIT Technology Review is questioning Donald Trump’s claim that his proposed border wall will cost $12 billion. According to MIT, the cost could be closer to $40 billion.
Republican presidential candidate Donald Trump, visiting Mexico, says that the United States has the right to build a border wall to halt illegal immigration. Rough Cut (no reporter narration).
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