Bloomberg Survey Predicts Wealth Growth Under Trump or Harris

A recent Bloomberg survey indicates that Americans' wealth is expected to rise regardless of whether Donald Trump or Kamala Harris wins the upcoming presidential election. Investors believe the stock market will perform better under Trump, with 38% anticipating accelerated growth, compared to 13% under Harris. Additionally, Bitcoin is projected to rise to $80,000 with a Trump victory, while it could fall to $65,000 should Harris win. Conversely, a Harris administration is seen as more favorable for housing costs, with expected mortgage rates dropping to 5.5%, compared to 5.9% under Trump. The survey, which included 350 economists and investors, suggests a mixed outlook on gold, with Trump being more favorable for its price increase. Overall, the market sentiment reflects optimism for both candidates, albeit with differing asset performance expectations.