From mid term on to presidency
The mid term was supposed to be a referendum on Biden and the democrats. It was supposed to be a 'red wave' and a Republican sweepto take the House and Senate to create gridlock. It could not have been as dramatic. To cut the story short, the Democrats showed up to the Republicans and the GOPs did not get theirparade.
The political scene is shifting to the 2024 Presidential elections. A bit early to some considering we are still in 2022. But campaigning will take some time and the candidates will start off declaring their interests, square off and start getting whittled off until one candidate from each side stands.
As we all know, Trump has declared himself running as well as Biden himself who will be running for re-election. It will be a hot headed contest with much emotions on the line. That much we know. Impact on stock market? That is rather tricky. But we all know how pro business Trump is. So do expect a lot of pro businessincentives which will benefit corporations. However, he is also an advocate of 'America first' so that in itself runs the risk of deglobalisation. In an interconnected world, that is a high risk in itself. Many other factors are also at play etc. So it is best to just take one step at a time and monitor price actions to be better prepared.
Thanks for reading!
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