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JPMorgan (NYSE:JPM) analysts said in a note Tuesday that when it comes to the US election, the market's current consensus view is for Trump to win the White House, the GOP to win the Senate, and for Democrats to win the House.
Even so, the investment bank sees it as premature to predict the outcome, as many (70%) have high conviction that Congress will remain split.
"Investors remain sanguine about the market implications for the US elections," said JPMorgan. "Only 12% of survey respondents see the election as the biggest threat to markets."
"Market consensus is for Trump to win US election: JPMorgan"
Even so, the investment bank sees it as premature to predict the outcome, as many (70%) have high conviction that Congress will remain split.
"Investors remain sanguine about the market implications for the US elections," said JPMorgan. "Only 12% of survey respondents see the election as the biggest threat to markets."
"Market consensus is for Trump to win US election: JPMorgan"