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JPMorgan Says Investors Should Prepare for Rising Odds of Trump Win

  • Kolanovic cites protests and potential poll inaccuracies
  • Covid-19 trends may drive sentiment too, strategist said
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JPMorgan Says Prep for Rising Chance Trump Wins Re-Election
Updated on

Investors should position for the rising odds of President Donald Trump winning re-election, according to JPMorgan Chase & Co.

Betting odds that earlier had Trump well behind challenger Joe Biden are now nearly even -- largely due to the impact on public opinion of violence around protests, as well as potential bias in polls, said strategist Marko Kolanovic.