Reported 4 months ago
Following Donald Trump's conviction on 34 felony charges, Kim Wallace from 22V Senior Managing Director and Head of Washington Policy Research discusses the implications of the verdict on markets and elections. Wallace believes that Trump's conviction will not significantly impact the economic policy stances of each presidential candidate, with ample time remaining before the election for policy proposals. Despite the noise surrounding Trump's verdict, Wallace notes the difficulty for both campaigns to communicate their messages over the challenges they face, particularly in regard to inflation. Investors are expected to pay more attention to polls closer to the election, focusing on trends in public opinion sentiment for indicators. Former President Trump's campaigning style is predicted to remain focused on a campaign of aggrievement, appealing to his base, while both candidates target the 9 to 12% of unaffiliated independent voters crucial to securing victory in the upcoming election.
Source: YAHOO