According to ChainCatcher, Kaitian Macro believes that if Harris is elected as the US president, his policies are expected to largely follow in Biden's footsteps.
Economist Julia Belyakova said that in this case, the US 10-year Treasury yield would decline slightly to 4%, the US dollar would weaken, and global stock markets would continue to benefit from the AI-driven bubble. She said: "This in turn would help maintain a strong risk appetite globally, supporting emerging market assets." Belyakova added that a Harris presidency could be particularly favorable for emerging markets that are poised to benefit from "friendly offshoring". (JinShi)
