Primary season has been drained of all suspense as Trump vs. Biden: Part 2 appears to be the inevitable choice that will face voters on the US presidential ballot in November. That’s about the only sure thing in Washington right now. Will Republicans and Democrats be able to work through their differences in a contentious election year to avoid a government shutdown and mandatory spending cut? Time will tell.
And as if that were not enough, the House Speaker also needs to figure out how to deal with the $95 billion supplemental spending bill to provide aid to Ukraine, Israel and Taiwan without losing his speakership.
Also in this issue of the Washington Newsletter:
Download the Q1 edition of our Washington Newsletter.
The second half of the year has brought clarity regarding multiple political contests worldwide. Now, every global region is anticipating the impact of new policies to come.
Deregulation and tax cuts could potentially provide a boost to US economic and market growth, while tariffs and immigration restrictions could pose challenges.
Based on his campaign pledges, here are some things we’ll be watching for from President-elect Donald Trump and what they may mean for the economy and markets.
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The opinions referenced above are those of the author as of Feb. 15, 2024. These comments should not be construed as recommendations, but as an illustration of broader themes. Forward-looking statements are not guarantees of future results. They involve risks, uncertainties, and assumptions; there can be no assurance that actual results will not differ materially from expectations.
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