What could be the tax effects on SP500 EPS based on a Trump or Harris win? Here's what BofA projects:
- They said a Harris administration would be a 4.7% headwind to overall S&P EPS growth and a Trump administration would be a 4% tailwind to S&P earnings. - The only caveat here is if we have a split congress. If so, Kamala may win but not be able to pass sweeping tax policies. Given current market action, it seems the market is currently pricing in those 2 scenarios: 1) Either Trump wins 2) or if Kamala does, she can’t pass her new tax policies because of a divided congress. Source: amit @amitisinvesting on X, BofA
Polymarket: Trump's odds are up 2.5% after Kamala Harris' Fox News interview.
He now has a 24% lead.
There it is: Trump now leads in every battleground state, according to Polymarket
(chart via BBG ECAN) Source: www.zerohedge.com
BREAKING: Donald Trump is now 10 percentage points ahead of Kamala Harris in the 2024 election, according to @Kalshi's prediction markets.
Since October 10th, election odds have gone from 50-50 to sharply favouring Donald Trump. Source: Kalshi
Washington Post: Israeli Prime Minister Benjamin Netanyahu has told the Biden administration he is willing to strike military rather than oil or nuclear facilities in Iran.
Oil gaps down on the new 👇 Source: Markets & Mayhem
The left is losing its grip on ethnic minority voters.
Here's why politicians of all stripes would be wise to start listening to what different ethnic minority voters actually want https://on.ft.com/3U3JEIB
Trump is leading Kamala by 9.4% on Polymarket, the widest gap since Biden dropped out.
Trump is even leading in Wisconsin and Michigan. 26 days remain. Source: Joe Consorti, Polymarket
It's not just online betting markets:
Goldman's "Republican Victory" basket surged today and has taken the lead over "Democrat Victory" for the first time since the debate. Source: Bloomberg, www.zerohedge.com
