Macron, Scholz push for a united Europe in the new Trump era
With Donald Trump being re-elected, European leaders are bracing for a seismic shift in transatlantic relations. French President Emmanuel Macron and German Chancellor Olaf Scholz on Wednesday were swift to pledge a new path forward, stressing the need for a stronger, more self-reliant Europe.
Market fallout: Winners and losers emerge from Trump’s win
The unexpected re-election of Donald Trump as President of the United States delivered an immediate shake-up on Wall Street Wednesday, creating clear winners and losers across sectors. Small-cap stocks surged while renewable energy and long-term bonds took a significant hit, reflecting investor expectations of a shift in economic and regulatory policies.
Financial markets react nervously to Trump victory and Red Sweep
Financial markets are reacting with both trepidation and anticipation to Donald Trump’s victory in the 2024 US presidential election. The so-called ‘Red Sweep,’ which also sees Republicans take control of Congress, has investors bracing for substantial shifts in the US economic and political agenda.
‘Comrade Kamala‘s’ economic plans get lukewarm reception
Kamala Harris’ plans to significantly raise corporate taxes and control price increases for essential goods, but these proposals are not being well-received by investors and economists
Tax planning: how Biden’s election impacts Luxembourg
What is the outlook for taxing US multinationals under a Joe Biden presidency? Even as the noise and belligerence subside, some fundamental differences of view will persist across the North Atlantic. What can firms using Luxembourg as an EU base expect from the new US administration?
Asset managers: neck and neck election race ‘worst possible outcome’
The too-close-to-call race in the US presidential elections is the worst possible outcome for investors as it will make it difficult to implement an effective stimulus package for the economy, according to asset managers.
We should bear in mind the persisting uncertainty around the elections will not only affect financial markets, says Kristina Hooper, chief global market strategist at Invesco. ‘Our main concern is social unrest. If this scenario unfolds, I would not be surprised to see a sell-off in more risky assets.’
‘Biden victory will lead to value rotation’
A victory of Joe Biden in the US presidential election will bring an end to the dominance Wall Street growth stocks in favour of cheaper cyclical stocks, according to UBS AM.
US elections coming up - Why you should stay invested
It’s less than six weeks to the US presidential elections. Capital Group has made a few rules of thumb for investors to give some guidance.