Global Macro Strategy_ What to Chase_
China Securities·2024-11-10 16:41
06 Nov 2024 07:38:57 ET │ 15 pages Global Macro Strategy What to Chase? CITI'S TAKE In line with market sentiment, former president Trump has been re-elected. Republicans are likely controlling the Senate and have the odds for controlling the House in their favor. While residual positioning in markets is likely pro-Trump already, we add some Trump trades, given that there likely has been recent position-squaring. In equities, we remain long SPX, and add a SPX/EuroStoxx trade on tariff threats. In rates, the ...