BNP Paribas prepares investors for the upcoming elections in the US


BNP Paribas specialists presented three possible scenarios for the upcoming elections in the US, which take place on November 6, so that investors can prepare their portfolios, Bloomberg reports. According to public opinion polls, Democrats can win the elections, which levels President Donald Trump’s efforts to impose import duties and lower taxes. The victory of the Republicans will allow him to continue an aggressive trade policy. If the Democrats win, the bank's experts predict the fall of the dollar and the decrease in yield of 10-year US Treasury bonds. If the Republicans win, then it is needed to prepare for the rally of stocks and the lowering of cost of US government securities.

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