Investors from stocks to crypto brace for US election volatility
Monday, 4 November 2024 () Ahead of the US election, options traders are scaling back risk and preparing for volatility across markets. Elevated implied volatility in equities, bonds, and currencies indicates anticipation of election impacts and potential fiscal stimulus. Hedging is prominent in financials, crypto, and renewable-energy stocks, while traders brace for wider currency swings, particularly in yuan, Mexican peso, and euro.
Many crypto investors hope that a victory for Donald Trump could propel the price of Bitcoin to new heights, though a loss could cause a fall. NYTimes.com
Monday, 4 November 2024 ()
