Bank of America Report: The U.S. Presidential Election will not have a significant impact on U.S. stocks

Bank of America strategist Subramanian and her team predict that regardless of who wins the November election, U.S. stocks will rise by 2025.

She expects that the earnings per share of the S&P 500 index will increase by 13% year-on-year next year, and profit growth has always been the biggest driver for stock market rises. Subramanian concluded: "Corporate profits are more important than politics."