Odaily News Capital Economics said that if Harris is elected president, her policies are expected to largely follow Biden's footsteps. Economist Julia Belicoso said that in this case, the U.S. 10-year Treasury yield will fall slightly to 4%, the dollar will weaken, and global stock markets will continue to benefit from the AI-driven bubble. "This in turn will help maintain strong risk appetite globally and support emerging market assets," she said. Belicoso added that a Harris presidency could be particularly beneficial to emerging markets that are expected to benefit from "friendly shore outsourcing." (Jinshi)