State of Play. 18 April 2024
What if?
In February, State of Play discussed the impacts of elections on the stock market. The broad consensus from the article was that the mainstream media amplify the short-term noise around electoral events while experienced investors embrace their long-term goals, trusting in the overall fundamentals, with data not showing any significant differences to any other non-election year. Although this is true by historic standards, with Donald Trump seemingly back in the running to become the next US president, the uncertainty and unpredictability of a Trump presidency could understandably cause some concerns for investors. What if Donald Trump and the Republican Party win the US election?
How would markets react? Santander Asset Management discusses in this week’s State of Play.