The Globe and Mail reports in its Tuesday, July 16, edition that the unsuccessful effort to assassinate Donald Trump has significantly improved his prospects of winning the presidency. The Globe's David Berman writes that Capital Economics economist Jonas Goltermann says, "The risks around a second Trump term are arguably skewed toward outcomes in which Treasury yields and the dollar rise sharply, to the point that it could damage the outcome for the economy and equity markets." CIBC World Markets analyst Ian de Verteuil says with Mr. Trump elected we can expect larger deficits, higher tariffs, less regulation and a Federal Reserve less independent than in the recent past. He says, "A meaningful equity rally is unlikely." Citigroup strategist Scott Chronert says: "Overweight U.S. banks is our preferred 'Trump Trade.' Easier valuation setup, stable fundamentals, lesser tariff risk combined with incremental deregulatory inertia give this sector a good risk-reward setup." The KBW Nasdaq Bank Index, a basket of U.S. bank stocks that might benefit from looser regulations under Mr. Trump, rose 1.8 per cent on Monday, though the gains come after relatively upbeat quarterly corporate earnings for the sector.