Goldman Sachs, JPMorgan Chase, Deutsche Bank, and others collectively speak out, Wall Street fully bets on the "Trump trade"

As the US election approaches, Wall Street is increasing its bets on Trump's victory. Institutions such as Goldman Sachs, JPMorgan Chase, and Deutsche Bank have pointed out that the market has a strong expectation of a Republican victory, especially in the foreign exchange market, where a Trump victory will strengthen the US dollar. Hedge fund flows show a preference for Republican themes, with positions near a two-year high, while positions in Democratic winners are being sold off. Goldman Sachs' Republican victory basket has reached a historical high, potentially exacerbating market volatility