Lombard Odier Stays Overweight on U.S. Stocks -- Market Talk

0920 GMT - U.S. stocks and dollar should be supported by relative U.S. strength and higher interest rate differentials following the midterm elections, Lombard Odier's Michael Strobaek says in commentary. "A Democratic sweep should reinforce Fed independence, as Senate approval of new board appointments would provide an institutional check, supporting the dollar," the global chief investment officer says. Strobaek adds that U.S. equities tend to rise after midterm elections. Valuations already price in many uncertainties, while earnings growth remains strongest among developed markets, he says. The bank remains overweight on U.S. stocks. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

November 04, 2026 04:20 ET (09:20 GMT)