Don't hop on the 'Trump stock train' just yet: Strategist

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MAI Capital Management chief equity strategist Chris Grisanti joins Catalysts to give insight into the ongoing "Trump trade" as markets (^DJI, ^IXIC, ^GSPC) have rallied since last Saturday's assassination attempt on the former president. Grisanti expands upon what investors should expect out of equities if Trump is reelected.

Grisanti reminds investors to keep in mind that: "Elections are exciting. They can move the market in the short term, but over the long term, there's only two things about elections that really matter: one is what happens to tax policy in the new administration. Are they going to raise or lower corporate taxes that will affect profits that will affect stocks?

"The second — I think this is getting more and more important — is what's going to happen to the deficit, because we have an eye on the bond market even though we're equity investors," he continues.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino

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