On this episode
On this episode of ETF Highlight, I converse with Matthew Bartolini, Head of SPDR Americas Analysis at State Avenue International Advisors. We focus on how the presidential election end result could affect investments, and implementation concepts to place portfolios.
We are actually lower than three weeks away from the election. Current polls present former Vice President Biden has widened his lead over President Trump, notably for the reason that first presidential debate and Trump’s coronavirus an infection.
A Biden win is prone to lead to increased taxes for firms and rich people. Trump’s re-election could profit high-tax sectors like Shopper Staples and Retail.
The Trump administration levied hefty tariffs on Chinese language imports, in addition to on European services, a few of that are prone to be repealed if Biden wins, benefitting worldwide shares. Domestically oriented mid- and small-cap corporations could carry out higher if Trump wins a second time period.
Biden has pledged to spend $2 trillion to fight local weather changeand assist renewable power. We have now seen a surge in photo voltaic and clear power ETFs just like the Invesco Photo voltaic ETF (TAN) the SPDR S&P Kensho Clear Energy ETF (CNRG), in latest weeks.
Biden additionally plans extra well being spending to fight, deal with and hint COVID-19. Check out the SPDR S&P Biotech ETF (XBI), and the SPDR S&P Well being Care Tools ETF (XHE).
Mega-cap tech giants like Apple (AAPL), Amazon (AMZN) and Fb (FB), which had wonderful efficiency and revenue development underneath the Trump administration, could face better antitrust scrutiny underneath a Biden administration.
We additionally mentioned some funding concepts to capitalize on long-term traits accelerated by the pandemic. Tune into the podcast to study extra.
Be certain to be looking out for the subsequent version of ETF Highlight! When you’ve got any feedback or questions, please e mail [email protected].
(In full disclosure, Neena owns shares of XBI and XHE within the ETF Investor Portfolio.)
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SPDR SP Homebuilders ETF (XHB): ETF Analysis Reviews
Invesco Photo voltaic ETF (TAN): ETF Analysis Reviews
SPDR SP Well being Care Tools ETF (XHE): ETF Analysis Reviews
SPDR SP Kensho Clear Energy ETF (CNRG): ETF Analysis Reviews
Amazon.com, Inc. (AMZN): Free Inventory Evaluation Report
Apple Inc. (AAPL): Free Inventory Evaluation Report
Fb, Inc. (FB): Free Inventory Evaluation Report
SPDR SP Biotech ETF (XBI): ETF Analysis Reviews
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.