Goldman with the note.
The US presidential election is less than four months away. The election outcomes will be consequential to asset markets globally, US-China relations, and China equity returns.
We analyze the potential impacts on equities and identify possible winners and laggards in the case of a Trump victory (and market pricing of such an expectation) by leveraging our top-down earnings and valuation models, US polling results, prediction market-implied probabilities, our proprietary US-China Relations Barometer (GSSRUSCN), and empirical evidence.
