Investors should position for the rising odds of US President Donald Trump winning re-election, according to JPMorgan Chase & Co.
Betting odds that earlier had Trump well behind challenger Joe Biden are now nearly even — largely due to the impact on public opinion of violence around protests, as well as potential bias in polls, said strategist Marko Kolanovic. Based on past research, there could be a shift of 5 to 10 points in polls from Democrats to Republicans if the perception of protests turns from peaceful to violent, he said. People giving inaccurate answers could artificially skew polls in favour