US election webinar: Will the results cause global fireworks?

As we wait to see who wins the 60th US presidential election on 5 November, the potential fiery impact on global financial markets is on everyone’s minds.

Data shows that the US economy has been in a strong position recently. This is despite many Americans thinking the economy is on the wrong track, largely due to inflation dominating the narrative of the past three-and-a-half years.

While growth has been relatively consistent and US companies have led stock market returns, unchecked government spending raises concerns about the economy’s long-term stability.

Although the match-up between Donald Trump and Kamala Harris is too close to call, it’s clear that the economy will be a determining factor on which way the vote swings.

Whatever the result, we must assess how the global economy may react, and what this means for your portfolio.

Our Co-Chief Investment Officer Tom Becket and Ronald Temple, Chief Market Strategist at Lazard reviewed the recent US election opinion polls and examined possible election scenarios and their implications for the global economy. They also discussed:

• Will the US growth rate slow in 2025?
• How much global volatility could Trump’s proposed tariffs create if implemented?
• Will financial markets fare better under the Republican or the Democratic candidate?

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This is not a recommendation to invest or disinvest in any of the companies, themes or sectors mentioned. They are included for illustrative purposes only.

The information contained herein is based on materials and sources deemed to be reliable; however, Canaccord Genuity Wealth Management makes no representation or warranty, either express or implied, to the accuracy, completeness or reliability of this information. Canaccord is not liable for the content and accuracy of the opinions and information provided by external contributors. All stated opinions and estimates in this article are subject to change without notice and Canaccord Genuity Wealth Management is under no obligation to update the information.