“US Market Reaction To Possible Second Trump Term Appears Unperturbed – For Now”

May 1, 2024 | Economy

In the list of things to worry about, especially those on which you can have absolute influence, Trump as president again ranks high for many. For many reasons, and perhaps his likely effect on markets and hence your investments is lower in the rankings than, say, global nuclear apocalypse. However, it is a consideration, particularly as the US stock and bond markets are a, if not the major determinant of the direction of most others. So it’s comforting to hear that they’re currently not that worried, and the things that might worry them are not those that you might expect. Trade war with China? Could be good for everyone else’s industries and worse for China than the rest of us. Inflation and interest rates? Biden’s big spending has driven many of the rises of recent years. Wars and geopolitical events? In recent years, only proven to be bad for markets if bad for the oil price and shipping routes. So, win win? Wouldn’t go that far, and not sure quite how half-full my personal glass of rosé is on this one, I’m afraid.

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“Donald Trump is winning. Business, beware”

“Donald Trump is winning. Business, beware”

There’s a perception that whatever might be the consequences for the rest of the world, Trump as President should be good for business. Surely, as a business man himself, he’d be the friend of Corporate America, and everything, money-making-wise, went pretty well last time around didn’t it?