Reported 11 months ago
TD Securities Global Head of FX and EM Strategy Mark McCormick discusses how the FX market might be affected by the tariff policies of Joe Biden and Donald Trump in the upcoming 2024 presidential election. McCormick highlights the challenges of Trump winning due to inflationary measures like fiscal stimulus, corporate tax cuts, and tariffs, which could lead to a need for market recalibration. He mentions the possibility of a risk premium and a stronger dollar if Trump is re-elected, as the markets would need to adjust to these policies.
Source: YAHOO