- Investors anticipate a Trump victory in November, he said
- Bessent said markets expect Trump would spur economic boom
Scott Bessent, a former Soros Fund Management investing chief, said he’s betting on a “Trump Rally” as long as investors believe the ex-president can win the general election.
The S&P 500 hit an all-time high last month, a rally that Bessent attributed to Donald Trump’s commanding lead over President Joe Biden in a number of national polls at the time. Some polls closer to the end of January show the two candidates neck-and-neck in a general election.
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