Please click the link below to view Shane Oliver’s views on the implications for investors of the upcoming US election.
Key points raised are:
- The US election has significant potential to impact markets.
- A Harris victory would mean more of the same, but a Trump victory could lead to uncertainity particularly around trade.
- Australia would be vulnerable to a rapid intensification of trade wars which is looking likely under a Trump presidency.
- Histroically shares have performed better under Democrat than Republican presidents with the best outcome being a Democrat president and Republican House and/or Senate.
