As an Australian observing the U.S. election, I want to clarify that my views are purely personal. The more significant aspect for me is how the election outcome will impact the capital markets. While I lean towards a conservative political stance, I find myself disagreeing with the Democratic Party's position and policies in many areas. However, this doesn't mean I'm a Trump supporter. Here’s why:
Firstly, I believe that a president should be someone who possesses the qualities of serving the country and the spirit of sacrifice, rather than being self-centred. In my view, Trump lacks these qualities and doesn't fit the mould of a traditional politician. Secondly, Trump's desire to have more control over the Federal Reserve could jeopardize its independence, raising concerns about constitutional overreach.
When it comes to the "Harris Trade" or the "Trump Trade," I wouldn't put my real money on either side. The focus should be on thoroughly analyzing the underlying assets and getting back to the fundamentals. Whether Harris's potential win might drive investments in clean energy or whether Trump's policies could boost certain industries, my approach remains grounded in fundamental analysis rather than betting on political outcomes.