The Business Times
business-time-50
NEWS ANALYSIS
·
SUBSCRIBERS

Stock markets feel the jitters as Biden-Trump rematch looms large

google-preferred-sourceAdd BT as a preferred source
    • With a potential rematch between Donald Trump (pictured) and Joe Biden on the cards for next year’s presidential election, the jitters in the stock market are likely to be more severe.
    • With a potential rematch between Donald Trump (pictured) and Joe Biden on the cards for next year’s presidential election, the jitters in the stock market are likely to be more severe. PHOTO: EPA-EFE

    Rob Curran

    Published Thu, Aug 17, 2023 · 05:00 AM

    IT’S no secret that former US president Donald Trump brings volatility wherever he goes, including to nearly every sphere of public life as well as the stock market.

    The rally in the S&P 500 stalled in the months before Trump squared off against Joe Biden at the last presidential election in November 2020, and some of the index’s pandemic gains were given back around the time that Trump’s supporters attacked the US Capitol in Jan 2021.

    With a potential rematch between Biden and Trump on the cards for next year’s election, the jitters are likely to be more severe.

    Donald TrumpJoe BidenUS economyUS electionsSpotlight

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More