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Trump conviction will be 'a blip' for elections, expert says

Following former President Donald Trump's felony conviction in his hush money trial, concern has sparked around how this legal development will influence voter sentiment in the upcoming presidential election. BTIG's Director of Policy Research Isaac Boltansky joins Catalysts to discuss the potential impact on voters and markets (^DJI, ^IXIC, ^GSPC). Boltansky cites current polling trends that recorded how voters would react to a Trump conviction, revealing "he would lose on average about 6 points of support." However, he notes that the lost support did not shift toward supporting Biden but rather fell into the "unsure" category. This suggests "that there is going to be a temporary drop in support here that could easily revert back to Trump," with Boltansky describing it as "a blip" in the overall election picture. Regarding which candidate would be better for markets, Boltansky says, "There's a reason that 60-plus percent of Americans don't want either candidate. But when we peel back some of the layers, we understand the nuanced differences in their policies that can then help you make an investment decision." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith Follow Yahoo Finance's coverage of President Trump's trial verdict with the latest articles and news segments: Why Trump's Wall Street donors don't care about guilty verdict 8 Trump losses in a row, and counting Trump's convictions may make 'suburban enclaves' harder to win With Trump found guilty, what's next for his candidacy? Trump must take 'drastic actions' to secure votes: Strategist Trump-friendly billionaires from Elon Musk to Bill Ackman offer new support following conviction Trump, Biden will struggle to 'speak over the headwinds'