The US election is over, and it has proved that the pollsters once again were disastrously wrong. The mid-to-late October betting odds predicting a strong Trump victory are remarkably right. The result is a shock as many, including this author, were misled by sudden changes in Harris’ winning
US Elections
Democrats Win:The impact on oil markets looks mixed from a Democrat win perspective. On the one hand, markets would expect a Democratic administration to push for green energy initiatives, potentially leading to stricter regulations on fossil fuels. This could reduce U.S. oil production, tighten global supply, and potentially raise oil prices. However, they are viewed […]
The Fed and politics: does the Powell Fed want to avoid Trump?Fed Chair Jay Powell made it clear on Friday that the Fed is ready to begin cutting rates. In his speech at an annual Fed gathering in Jackson Hole, Wyoming, Powell stated that “The time has come for policy to adjust. The direction of […]
Donald Trump, the Republican presidential contender and former US president, has emerged as a new influential force in the financial markets in the recent past, and his chances of winning the US presidential election in 2024 are being closely watched. These prospects have grown recently due to certain developments that have taken place in American […]