Midterm Stock Trading Themes Emerge, Led by Fintech, Builders
A trader works on the floor the New York Stock Exchange (NYSE) in New York.
Photographer: Michael Nagle/BloombergWith nine months until the US midterm elections, Wall Street is starting to game out trading scenarios leading up to the November vote.
Top of mind is the American consumer, who is not all right, at least going by the latest sentiment surveys. Investors are eying trades that would benefit from efforts by the the Trump administration to lower the cost of living. That includes newfangled financial firms that may see higher demand as some tax changes and other cost-of-living policies are implemented, and homebuilders that would see an uptick if mortgage rates fell.