
Barclays strategists predict that European stocks could rally after the US election into 2025. They note that the risk of potential trade tariffs resulting from a possible Trump US election win has already been priced into shares of major European exporters. Additionally, the approaching US election is causing significant outflows from emerging markets (EM), particularly affecting non-China EM countries with dollar pegs like Argentina, Egypt, and Turkey.
The coming US election is hitting EM. After a period of big inflows into non-China EM, recent days have seen mounting outflows, which is investors pulling out ahead of a possible Trump win and US tariffs. Dollar pegs like Argentina, Egypt and Turkey are under mounting pressure... https://t.co/p0UzKmHQ7H
The risk of potential trade tariffs resulting from a Trump US election win has already been priced into shares of major European exporters, Barclays strategists say https://t.co/xhGSFsubnj
The risk of potential trade tariffs resulting from a Trump US election win has already been priced into shares of major European exporters, Barclays strategists say https://t.co/hDMpzUOzS5
