28 May The US presidential election – implications for investors and Australia
Key Points
- The run up to the 5th November US election could see increased share market volatility if Trump remains ahead and investors focus on the risks of a new trade war and a hit to the US labour force and to the Fed under Trump.
- Historically, shares have performed better under Democrat than Republican presidents with the best outcome being a Democrat president & Republican House or Senate control.
- Australia would be vulnerable to a rapid intensification of trade wars which is looking likely under a Trump presidency.
