Check out BCA's US Equity Strategist, Irene Tunkel, CFA, on Barron's and the US Election.
BCA Research #Equities #Elections #US #Sectors #Barrons Had a nice mention in Barron's last night after a conversation with Paul La Monica. Irene Tunkel, chief U.S. Equity Strategist of BCA Research, told Barron’s Tuesday night that regional banks and industrial firms would fare better under Trump. The reasoning? The likelihood of deregulation, lower taxes and tariffs protecting U.S. businesses. A Harris victory, on the other hand, could be better for big tech firms, especially if Harris has to deal with a divided Congress. “Gridlock in Congress seems most likely if Harris wins. She would not be able to do much,” Tunkel said, adding that this could lead to lower interest rates since Congress may not approve much in the way of new stimulus spending. Tech stocks and other growth companies tend to thrive in a low rate environment.