The large strategist of American fund markets at Morgan Stanley stated on Monday that although Donald Trump's victory in the presidential elections may pose a risk of falling stock prices, Kamala Harris's victory represents a more significant downside risk. In 2016, the positive influence on sentiments related to small business, which lasted three months after Trump's victory, was the most significant in the last 40 years, said Mike Wilson, adding: "At that time, as some assert, Trump's victory brought a contrary wind for economic growth and, consequently, for stocks due to the risks of tariff and immigration limitations, we consider that there is an additional element from the experience of 2016 that demands attention."
