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US Elections and the Italian Market
Analysis of potential impacts of the US presidential election on the Italian financial market, including the stock and bond markets.
Italian
Italy
EconomyUs PoliticsInvestmentFinanceMarkets
NatoLeonardoEnelErgA2AFerrariStellantisFed
Donald TrumpKamala Harris
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- What are the consequences for Italian bonds?
- A Trump win might lead to increased inflation and higher Treasury yields, potentially causing investors to shift from Italian BTPs, thus increasing their yields and decreasing prices. A Harris victory is not expected to cause major shifts.
- What are the consequences for the Italian stock market in the event of a Trump victory?
- A Trump victory could positively impact Italian defense companies like Leonardo due to his history of increasing military spending. However, protectionist policies like tariffs could negatively affect sectors like luxury goods and agri-food.
- What are the consequences for the Italian stock market in the event of a Harris victory?
- A Harris victory could benefit Italian companies in renewable energy (Enel, ERG, A2A) and electric vehicles (Ferrari, Stellantis) due to her focus on green policies and emission reduction.