1 minutes to read by  BlueBay Fixed Income team, G.Stock, C.Whinery, CFA 18 octobre 2024

Elections around the world generate headlines and attention, but their relevance to investors is more nuanced. While the elections themselves can impact some investments, it’s what happens after that is of more consequence. The policies that flow from a new government are what has the power to reshape economies and markets.

Key points:

• It's been a critical year for elections, with the globally significant US election still to come.

• So far, we largely haven't seen big shifts in political power and the impact on investments has been limited to local markets.

• In the US, we’re cynical in terms of both candidates continuing deficit spending, but trade policy marks a significant difference, if Trump follows through on promised tariffs.

• From an investment perspective, it's important to understand the structural factors driving the electorate's choices.

Disclosure

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