According to Golden Finance, Bank of America strategist Subramanian and her team predict that regardless of who wins the November election, the US stock market will pump in 2025. She predicts that the earnings per share of the S&P 500 index will rise by 13% year-on-year next year, and profit rise has always been the biggest driving force behind the stock market pump. Subramanian summed up, ‘Corporate profits are more important than politics.’
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Bank of America Report: The US presidential election will not have a significant impact on U.S. stocks
According to Golden Finance, Bank of America strategist Subramanian and her team predict that regardless of who wins the November election, the US stock market will pump in 2025. She predicts that the earnings per share of the S&P 500 index will rise by 13% year-on-year next year, and profit rise has always been the biggest driving force behind the stock market pump. Subramanian summed up, ‘Corporate profits are more important than politics.’