How Traders Are Preparing for the US Election Results
November 5, 2024
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2:08Now PlayingHow Traders Are Preparing for the US Election Results
YouTube Description
as posted by the channelFor the big money on Wall Street, there’s the prep that’s bound to come with a coin-toss election that could dramatically swing policy. Trading desks staffed through the night, with teams in Hong Kong and Singapore enlisted to help. Tracking popular “Trump trades” — long the dollar, short bonds — ready to pile in or quickly unwind. And then there are the steps taken for an election season like no other. One London-based hedge fund primed its “shock” computer model especially for this moment. Bloomberg's Markets Reporter Valerie Tytel joins Stephen Carroll and Caroline Hepker on Bloomberg Radio to discuss.
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