2024 US elections: macro, geopolitical, and investment perspectives

Friday 25 October 2024

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2024 US elections: macro, geopolitical, and investment perspectives

October 2024 | The broad outlines of the candidates' respective platforms are coming into focus, though they still lack clarity on costs related to specific proposals. Most importantly, it will not be clear until after the elections which policies will be implemented - beyond the election rhetoric - or whether Congress will agree to enact them. Here, we evaluate the candidates' platforms and their potential effects on the US economy.

01 |  As the US elections approach, markets are increasingly focusing on the candidates' platforms and potential implications for the economy and markets.

02 | Harris advocates for higher taxes on corporations and the wealthy to fund social initiatives and green policies, while Trump promotes tax cuts, deregulation and an increase in oil production.

03 | The tariff agenda is particularly relevant for geopolitical, economic and investment perspectives; a Trump administration pursuing the proposals outlined in his campaign would pose higher risks of economic disruption and could strain alliances.

US elections: macro, geopolitical, & investment perspectives

Important Information

Unless otherwise stated, all information contained in this document is from Amundi Asset Management as of October 22, 2024 . Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product or service. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not indicative of future results. Amundi US is the US business of Amundi Asset Management.

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