Skip to content
Subscriber Only

Charts That Traders Will Be Nervously Refreshing on Election Night

  • Biden win could mean gains for China-exposed companies
  • Trump victory could bolster the ruble and private prisons
Video player cover image
Buy Euro If You Think Biden Will Win, Says Nomura's Rochester

For investors, the answers to questions about who won on election night will be more complicated than just “Republicans” or “Democrats.”

If Donald Trump keeps control of the White House for the next four years, he will likely continue the trade war with China and do his best to promote U.S. oil production, for example. If Joe Biden becomes president and Democrats gain majorities in both the House of Representatives and Senate, such a “blue wave” may be a boon to construction spending and the marijuana industry.