As investors eye US presidential race, JPMorgan exec says focus should be on policies

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As investors eye US presidential race, JPMorgan exec says focus should be on policies
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July 23 - U.S. equity markets will remain volatile ahead of the country's November presidential election, but the policies of the two candidates should take priority"There is a Republican Party trade and there is a Democratic Party trade.

But even more important than the outcome of the U.S. presidential race, Madigan said,"is how we see Congress is distributed. If we end up with a sweep one way or the other, they put a great deal more focus on the policy narrative, because you can actually get actions from it, it's no longer just words."The U.S. Senate is now narrowly controlled by the Democrats, while the House of Representatives is narrowly controlled by the Republicans.

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