Market Musings 021223: A packed 2024 year of elections
Summary:
Taiwan is unlikely to become more pro-China overnightIndia: Modi’s BJP likely to be confirmed for another termEuropean Parliament: even with gains for the far right, centrist blocs should dominateUK: a big challenge for the opposition Labour party to convert their poll lead into a clear majorityUS Presidential election: Trump clearly in the lead v BidenDon’t over exaggerate the impact of politics on the global economy, financial markets Podcast this week:
Death to "higher for longer"
In this podcast Edmund Shing explains what is « Higher for Longer » and why it is now over.
The context of interest rates and inflation The reasons for the recent fall in yields Reasons to stay positive on bonds2024: a big year for elections around the globe2024 is going to be a very busy year for politics and elections.
I would like to highlight five key elections that are coming up in 2024 which could give us some clues as to trends both for the global economy and for financial markets...
