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Analyst: The first debate will not have a decisive impact on the election

CointimeCointime2024/06/28 05:02
By:Cointime

Aninda Mitra, the head of macro and investment strategy in Asia at Mellon Investment Management in New York, expressed doubts about whether the debate between Trump and Biden would have a decisive impact on their prospects. Market analysis after the election raises the question of whether the candidates will change at the last minute. Currently, the election is still undecided and the situation may not become clear until the last moment. I think it is unknown whether this will have a decisive impact on the trend of risk assets, but tension may persist and implied volatility may rise. More importantly, risk assets have shown remarkable resilience this year in the face of monetary tightening and geopolitical crises. Therefore, we remain neutral on most asset classes.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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