Capital IdeasTM
Investment insights from Capital Group
Categories
Election
US Election 2024: What investors need to know
Jared Franz
Clarke Camper
Reagan Anderson
2024年5月6日
With Biden and Trump set to square off in November, the 2024 US election cycle presents the possibility of a significant shift in political leadership — potentially leading to policy changes that could impact portfolios.
Investors should be prepared for policy shifts across a variety of sectors, with both candidates outlining a slate of goals that could boost — or hinder — certain industries, such as energy, financials and manufacturing. Other areas of focus include tax, leadership of the Federal Reserve, immigration policy and relations with China.
Rather than foretelling the future, this article examines possible outcomes to identify themes and potential risks. Either candidate’s ability to implement policy will be constrained if the opposing party controls Congress, and some issues, like the deficit, appear unlikely to change under either party.
As such, this paper primarily analyses what would be expected under a red wave or blue wave scenario, where either the Democrats or Republicans control the White House and both legislative chambers.
2024 Election scenario analysis
Source: Capital Group. Note: These scenarios include hypothetical situations in which Congress is either majority Republican or split. Our goal is to offer possibilities, not specify a magnitude of change. Fed Funds = US federal funds rates. USD = US dollar valued against a basket of currencies.
過去の実績は将来の成果を保証するものではありません。投資の価値および投資収益は減少することも増加することもあり、当初投資額の一部または全部を失うことがあります。本情報は投資、税務もしくはその他の助言の提供、または証券の売買の勧誘を意図するものではありません。
個人に帰属する記述は、その個人の出版日現在の意見を述べたものであり、必ずしもキャピタル・グループまたはその関連会社の意見を反映したものではありません。特に明記がない限り、すべての情報は記載された日付現在のものです。一部の情報は第三者から取得したものであり、そのため、かかる情報の信頼性については保証いたしません。