Stock market expert expresses optimism in equities, setting a specific date for potential bearish shift
In a recent interview on the BÖRSE ONLINE YouTube channel, Folker Hellmeyer, chief economist of Netfonds AG, discussed various factors influencing the stock market, particularly in relation to the upcoming US election.
Hellmeyer, who is currently bullish on the stock market, believes that the risk of an escalation and a rising oil price is less until November 5, until the US elections. However, he warns that a potential conflict in the Middle East could burden the stock markets, potentially dragging them down due to a significant increase in the oil price.
The analyst also points out that an increase in corporate taxes to 28%, as proposed by Joe Biden's running mate Kamala Harris, could be dampening for the markets. In contrast, if Donald Trump is re-elected, he plans to keep corporate taxes at 21% or lower them further.
Hellmeyer suggests that there could be trouble on the stock markets after the US election, if Trump is not re-elected. He predicts a 60% chance of Trump being re-elected in the US election.
Election years are generally considered bullish for the stock market, according to Hellmeyer. However, he remains positive about the stock market until the US election, but afterwards, it could crash.
In addition to his insights on the US election, Hellmeyer also discussed investor positioning, risks if Harris becomes president, and the current situation in Germany.
A subsequent article highlighted Alpen-Tresor as a potential investment option, offering high dividends and low P/E ratios with safe Swiss stocks.
It is important to note that while Hellmeyer's insights provide valuable perspectives, they should not be taken as investment advice without further research and consultation with a financial advisor.
References:
- TikTok video discussing Hellmeyer's views on the US and German economies
- Interview with Folker Hellmeyer on BÖRSE ONLINE YouTube channel
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