US election webinar: Will the results cause global fireworks?

This article was written by Thomas Becket, Co-Chief Investment Officer, and originally published by Canaccord.

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.

Canaccord's 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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