Mensuel de septembre 2020 - Economie

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US Elections: Protracted Uncertainty
OPINION - By Olivier GOEMANS, Head of Investment Services and Innovation, Banque Internationale à Luxembourg   The US Presidential elections on November 3rd are drawing nearer, commanding more headline space as the particularly combative rhetoric between the Republicans and the Democrats intensifies.   Each candidate will bring a unique set of pros and cons for various asset classes and sectors of the economy. In capital markets, the sooner the elections done and dusted, the better, in order to remove this significant hunk of event risk from portfolios, allowing investors to position themselves accordingly. However, with the global pandemic shaking up the traditional way of voting – much to President Trump’s dismay - results may not be cut and...
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