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...

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