ANALYSTS' VIEW: Trump goes into quarantine, awaits coronavirus test results

“The election is now underway so it may add to the uncertainty, but doesn’t change the fundamental outlook.“The market’s already a little bit on edge because of the upcoming election and the failure of talks to result in a new fiscal stimulus.

“You can imagine all sorts of scenarios here. If he tests positive and then just shows mild symptoms, it will be over in a few days. If he gets ill and has to go to hospital, the market will be a lot more concerned. Obviously, to the extent campaigning comes to a halt, it might increase fears that he might lose the election.

“Generally speaking, the market prefers the incumbent to win and the general preference has been for Trump to win because he will mean lower taxes and less regulation than a Biden presidency. "But the whole issue around fiscal stimulus is complicated because, if Trump loses and the Democrats win and they get control of the Senate and the House, it makes fiscal stimulus assured, which will offset the impact of the tax hikes. The market would probably be happy to see a Biden presidency with a clean sweep.""It has the potential to reduce Trump's campaigning ability. He's got a lot on and it's an interruption.

"But does it shift polls? I just don't know. We don't have precedents for this...to us it looks like a setback for the Trump campaign. They're a long way behind and they want Trump out there ."

Seriously ? Could you be any further behind ?

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump tests positive for Covid-19President and first lady to begin quarantine process after aide Hope Hicks falls ill with the coronavirus
Source: BDliveSA - 🏆 12. / 63 Read more »

Trump starts 'quarantine process' after aide Hope Hicks tests positive for coronavirusUS President Donald Trump said on Thursday he was beginning a quarantine process after Hope Hicks, a top adviser and trusted aide, tested positive for the coronavirus. His quarantining from that disastrous presidential debate
Source: TimesLIVE - 🏆 28. / 59 Read more »

Donald Trump tests positive for COVID-19US President Donald Trump said he would go into quarantine after a top aide tested positive for coronavirus. China virus(as he would call it) and so is millions around the globe. Lol bathong
Source: eNCA - 🏆 49. / 51 Read more »

In his own words: Donald Trump and the coronavirusWhile facing sharp criticism for his response to an outbreak that has killed more than 200 000 people in the US, the president has touted his management of the crisis. Here is a timeline of some of his comments: TrumpHasCovid rona I bet you guys are super duper happy about it
Source: IOL - 🏆 46. / 51 Read more »

Trump 'feeling well' after testing positive for COVID-19President Donald Trump was described by his doctor as feeling 'well' and able to perform his duties while quarantining after he tested positive for COVID-19. He must learn how to put mask every day/ every hour Perhaps if he wore his mask all the time, he won't be poz for covid today... Next question is where's his hydroxy Finally covid found the DEVIL!!!!
Source: eNCA - 🏆 49. / 51 Read more »

Donald and Melania Trump test positive for Covid-19BREAKING NEWS: US President Donald Trump announced early on Friday that he and his wife First Lady Melania Trump have tested positive for Covid-19. realDonaldTrump said covid-19 is a hoax, didn't want to wear a mask or tell others to do so, now he's poz for the virus... where's his Hydroxychloroquine now 😂🤣 He is lying just don't want continue with the debate 🙄 I feel like clapping my hands 😂
Source: IOL - 🏆 46. / 51 Read more »