Supporters attending Democratic presidential nominee Kamala Harris’ campaign rally in Washington, the US, on Oct 29. As the US election draws nearer, analysts have been focusing on what they call the “Trump trade” and the “Harris trade”. They are referring to mainly how financial assets will perform depending on which candidate wins, and have come up with various recommendations.
However, what happens to the macro economy after the election – particularly the US fiscal deficit, debt, inflation, trade and economic growth – could send a lot of market predictions haywire. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month $9.90 $9.
90/month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now.
Politics
US election: High economic and financial risks ahead
Campaign promises on taxes and trade, particularly those by Donald Trump, are likely to be destabilising if carried out.