The elections in the US are on November 3. Previously there will be two debates that could anticipate movements in prices, September 29 and October 22. It depends who wins, this will favor some actions and harm others. In this part we are going to see a little of Trump and what stocks will benefit if he wins.

Why these companies? Trump is leaning on companies like these for legal, regulatory and aid improvements to contain China. Contact with the government is fluid and they do not have an enemy in the White House but a friend. They are competitive companies in their traditional segments, and are characterized by a dominant position where they operate. They have a strong cash position, low indebtedness and their main business is focused on the United States. They are traditional companies but the engine of the North American economy
JP MORGAN (JPM)

Trump committed to a new phase of financial debureaucratization, to remove regulatory excess, mainly in the creation of new instruments such as the opening of capital in the stock market for North American companies. He also committed himself in the campaign to a 2.0 tax reform that could significantly facilitate the repatriation of financial operations abroad to the United States. But Trump's main contribution to the financial system is his monitoring of the Federal Reserve so that it acts quickly when there are stressful situations. Trump is a vigilante of the markets, he governs mostly for the appreciation of assets, and he is an activist in achieving stability at whatever price. Banks could benefit from this vigil that would allow years of low enough interest rates to innovate new forms of financing. JPM is commercial but also investment banking, a reelected Trump guarantees a new boom in international prices in commodities, which could finally activate JPM's international business segment in emerging markets.
JOHN DEERE (FROM)

The North American farmer is a captive vote of Trump and the Republicans, despite the trade war and the impact it had on international prices. Phase I of the agreement with China began to bear fruit and the prices of agricultural commodities experienced strong increases these months thanks to Chinese purchases. A reelection of Trump could ensure that this commitment is maintained over time, creating an international support price for primary products, favoring the farmer but also the companies that supply machinery for this producer, which is the most productive and innovative in the world. John Deere is very sensitive to the purchasing power of the producer, and if we are facing a new granary cycle, Deere will be the winner.
MICROSOFT (MSFT)

Trump positions himself as a friend of the tech giants, not the more current giants with close ties to media, social media and the Democratic party. With Trump, Intel, Microsoft, IBM, Apple are winners, while Amazon, Facebook and Twitter are in the crosshairs. Trump and his tax reform contributed to a record of cash in the technology companies, which allowed them not only a strategy of buyback of shares, but also of research and development. The investment in the last 4 years in private R&D of the top 5 of the Nasdaq marked a historical record. A more cash by companies, investments in the development of new technologies, and that is positive for the entire sector, mainly giants such as Microsoft, IBM and Intel, more linked to global operating structures and less to the consumer. Microsoft is one of the companies that has been reborn in recent years thanks to Trump's fiscal and regulatory reforms. In addition to being favored by federal contracts that separated international competition, the same situation that was observed with Intel and IBM
EXXON (XOM)

Trump is a protector of the 2004 Bush energy reform that sparked the shale oil boom. It does not have new taxes or regulations on the agenda against a sector hit today by the pandemic. In addition, during these years it contributed to the sector with a deregulation that allowed the states to draw up new routes for gas and oil pipelines, considerably reducing costs. With Trump, gas and oil will remain highly entrepreneurial, although the business is affected in the short term by price volatility. With Trump, shale is even assured of a supportive price.