Last updated on August 27th, 2024 at 04:56 pm
The so-called Trump trade is heating up as mounting expectations of former President Donald Trump’s return to the White House in November could push the leader further ahead of possibilities, between corporate profits and fears regarding the country’s long-term fiscal health. The two-way nature of this trade has come into view in the past weeks as investors repositioned for greater odds of a Republican challenger victory, ever since President Joe Biden failed to impress during a late June debate, and an assassination attempt on Trump, this last weekend.