Citigroup said it was time to profitably close some of the deals related to Trump's potential victory in the election. The company said in a report that historical data shows that most of the fluctuations in asset prices occurred before the election actually began, so it is best to lock in the benefits of key bets, even if investors increasingly think Trump is more likely to win the election. “We've been optimistic about Trump's deals for some time,” said Dirk Willer, head of global macro research and asset allocation at Citi. “Although investors think Trump will win, the poll data only favored him slightly. So we settled some of the deals that favoured Trump's victory profitably, but kept a specific strategy.”

Zhitongcaijing · 10/25/2024 17:25
Citigroup said it was time to profitably close some of the deals related to Trump's potential victory in the election. The company said in a report that historical data shows that most of the fluctuations in asset prices occurred before the election actually began, so it is best to lock in the benefits of key bets, even if investors increasingly think Trump is more likely to win the election. “We've been optimistic about Trump's deals for some time,” said Dirk Willer, head of global macro research and asset allocation at Citi. “Although investors think Trump will win, the poll data only favored him slightly. So we settled some of the deals that favoured Trump's victory profitably, but kept a specific strategy.”