US Election 2020: Beyond the media thunderdome
A change in administration could see a change in market direction for investors.
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President Trumps approval rating as at December 2019, one year out from his reflection campaign, compared to an average 52% for previous presidents at the same point in their term.
- As a part of creating a positive economic story for his election campaign, President Trump has begun a ‘de-escalation’ of trade tensions with China
- The President has struggled to build positive momentum which leaves him with a fight on his hands to win a second term
- The choice of Democratic contender will be significant for markets as they try to price in the possibility of an upset for President Trump
When investing, past performance should not be taken as a guide to future performance. The value of investments, and the income from them, can go down as well as up, and you may not recover the amount of your original investment.