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‘Volatile and Unpredictable’: Why Fast-Money Traders Like Trump
Donald Trump’s from-the-hip style may start making financial markets volatile again — and that’s just fine for a breed of global fast-money traders who thrive on that. With he and President Joe Biden running neck-and-neck ahead of their first debate Thursday night, investors have already been trying to game out how the Republican’s return to the White House could affect everything from the electric-vehicle industry to the direction of long-term interest rates. Biden, Trump Face Off in First 2024 Debate: What to Expect Markets, as a rule, don’t like that kind of uncertainty. But for a subset of hedge funds ... (full story)