Will STI remain resilient regardless of the US election outcome?
Analysts have been sharing their views open how the markets would react to a Trump or Biden win. In the event of a Trump win, risk assets will carry on its upward trajectory and we will likely see new highs of the indices led by FAANG. On the other hand, a Biden win will lead to a decline in valuations of FAANG and risk assets because taxes will likely go back to the pre-Trump era and earnings will have a steep decline. That said, all other equity markets in the world will likely take a hit from either result of the US elections. In particular, we will be discussing potential outcomes of STI in the event of either a Biden or Trump win.
