Fundstrat’s Tom Lee says that financial markets are currently betting on a Donald Trump victory this November.
In a new interview with CNBC, Lee says that markets believe that Trump’s odds of winning are higher than what the traditional polls show.
“To an extent, I think that the markets are believing Trump’s probabilities of winning are stronger than the what the polls are showing.
But I think that when the market sort of becomes more convinced of that, I think you’ll see cyclical stocks do better, small caps, and Bitcoin do better because these are really clear policy differences.
But yes to me, I think over the last couple of days the market is betting on Trump’s odds being better than the polls.”
According to
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