Federated Hermes' Pines: Impact of second Trump term on stock markets is 'overemphasised'

Amid rising tensions with China

clock • 1 min read

Stock markets would pull through a return of Donald Tump to the White House without facing significant issues, argued Jonathan Pines, portfolio manager at Federated Hermes.

Speaking about the future of US stocks at the Morningstar Conference in London on Wednesday (1 May), Pines said that despite "some specific sector issues," markets are generally well-equipped to withstand political unpredictability. His statement comes at a time when several experts believe Trump might win a second White House term in November this year.  JP Morgan AM's Karen Ward: Investors should not 'trade' the US election Some investors have even started to look for ways to safeguard their investment portfolios by diversifying their asset classes in the event that Trump's re-el...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

Partner Insight: How do US elections affect stock market performance?
US

Partner Insight: How do US elections affect stock market performance?

It’s the economy that matters for US presidential elections and stocks

Thomas Poullaouec and Nathan Wang at T.Rowe Price
clock 16 May 2024 • 4 min read
Federated Hermes' Pines: Impact of second Trump term on stock markets is 'overemphasised'
US

Federated Hermes' Pines: Impact of second Trump term on stock markets is 'overemphasised'

Amid rising tensions with China

Sorin-Andrei Dojan
clock 02 May 2024 • 1 min read
Fed holds rates steady as 'lack of further progress' on inflation signals higher for longer stance
US

Fed holds rates steady as 'lack of further progress' on inflation signals higher for longer stance

Slowdown of QT programme

Valeria Martinez
clock 02 May 2024 • 2 min read
Trustpilot