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November 05, 2024 at 02:50 PM
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What You Need To Know
- In short, a Republican sweep would be bad for bonds and good for stocks, while a Democratic sweep would be the reverse, he says.
- At issue are the Trump tax cuts, which would cost $4.6 trillion to extend for another decade.
- Divided government is a more likely scenario, Siegel says.
Jeremy Siegel, WisdomTree senior economist and Wharton School professor emeritus, offered his views Friday on different potential U.S. election results and their likely effects on the financial markets.
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