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Morgan Stanley CIO: Biden Win Would Benefit Bonds, Trump Better for Growth

Morgan Stanley CIO: Biden Win Would Benefit Bonds, Trump Better for Growth
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Peso slump could derail rate cuts - BusinessWorld Online

Peso slump could derail rate cuts - BusinessWorld Online
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Biden Win Would Benefit Bonds, Trump Better for Growth, Says Morgan Stanley CIO

Biden Win Would Benefit Bonds, Trump Better for Growth, Says Morgan Stanley CIO
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Biden win would benefit bonds, Trump better for growth, says Morgan Stanley CIO

Bond markets would likely benefit if U.S. President Joe Biden is re-elected as his administration will try to raise taxes to offset some of the government spending, Morgan Stanley's chief investment officer said on Wednesday. However, under the scenario that former President Donald Trump were to win the Nov. 5 election, it "would be better for growth but worse for bonds", Morgan Stanley CIO Michael Wilson told the Reuters Global Markets Forum. ....

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