))
A Biden administration may not be as USD-negative as you think (Terence Wu)
Manage episode 403072100 series 3234084
Innhold levert av OCBC Treasury Research and Strategy - Podcast, OCBC Treasury Research, and Strategy - Podcast. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av OCBC Treasury Research and Strategy - Podcast, OCBC Treasury Research, and Strategy - Podcast eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
We are often led to believe that a Republican president will be USD-positive due to the perception that the president will more likely bring US macro outperformance. Historically, we find no systematic relationship between the USD performance and the winning president's party. Instead, we should consider whether a Trump or a Biden administration is better placed to address the current USD-negative drivers. Taking this approach suggests that a Biden administration may not be as USD-negative in the near term as you may believe.
136 episoder
Del
