The odds of a Trump-Biden rematch are becoming increasingly likely for the 2024 US presidential election. Global markets are prepping for whoever could come out on top.  Peter Oppenheimer, Goldman Sachs Global Equity Strategist and Head of Macro Research in Europe, joins Yahoo Finance to discuss the distinct differences between a Trump or Biden presidency and how the global markets would fare. Oppenheimer predicts “we are likely to see more volatility in the equity market" as the year goes on. Shifts in trade policies could be the biggest blows to global markets, Oppenheimer explains, who predicts Trump’s policy of blanket tariffs could “have a much bigger negative impact outside of the US.” Oppenheimer does not expect more tax cuts regardless of who wins, citing less “fiscal room" due to the US budget deficit: “It’s unlikely you’ll get fiscal contraction under either outcome.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim

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