US elections: what is the impact for the economy and the markets?
Just a few days before the US elections, the economic context continues to look uncertain. Growth in the US has been weaker in 2016, while the world economic outlook is on a moderate slope.
World trade is not progressing much and fails to act as a growth driver for the US. In other words, if the US economy wants to get back on the path to growth, it will have to rely on its domestic market, rather than external impetus.
With different takes on the economy, the two presidential candidates’ programs are often vastly diverging. What consequences can we already anticipate as of now?