Economists: If Harris wins, the stock market will continue to benefit from the AI-driven bubble

ChainCatcher news, according to Jinshi reports, Capital Economics stated that if Harris is elected as President of the United States, her policies are expected to largely follow in Biden's footsteps.

Economist Julia Belecoso stated that in this scenario, the yield on the U.S. 10-year Treasury bond will slightly decrease to 4%, the dollar will weaken, and global stock markets will continue to benefit from the AI-driven bubble. She said, "This, in turn, will help maintain strong risk appetite globally, supporting emerging market assets." Belecoso added that Harris's presidency could be particularly beneficial for emerging markets that are expected to benefit from "friend-shoring."