The investment implications from the U.S. election are beginning to come into focus following Donald Trump’s victory in the presidential race. In addition to the White House, Republicans are on track to take control of the Senate and possibly retain their majority in the House, clearing the way for a shift in policies that could impact taxes, trade, and the broader economy. Rate cuts by the Federal Reserve and Bank of England also carry implications for portfolios, as central banks around the world navigate an uncertain path ahead amid a global dispersion in growth and inflation.
With the 2024 election set to reshape the power structure in Washington, PGIM gathered a panel of experts to examine the post-election outlook for investors. Our panelists discuss:
- The incoming Trump administration’s potential economic and regulatory agenda
- U.S. policy’s impact on the global economy, including trade flows and macro conditions in Europe
- Election implications for interest rates and credit conditions
- Investment risks and opportunities in the post-election environment
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The views expressed herein are those of PGIM investment professionals at the time the comments were made, may not be reflective of their current opinions, and are subject to change without notice. Neither the information contained herein nor any opinion expressed shall be construed to constitute investment advice or an offer to sell or a solicitation to buy any securities mentioned herein. Neither PFI, its affiliates, nor their licensed sales professionals render tax or legal advice. Clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation. Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information; nor do we make any express or implied warranties or representations as to the completeness or accuracy.
Any projections or forecasts presented herein are subject to change without notice. Actual data will vary and may not be reflected here. Projections and forecasts are subject to high levels of uncertainty. Accordingly, any projections or forecasts should be viewed as merely representative of a broad range of possible outcomes. Projections or forecasts are estimated based on assumptions, subject to significant revision, and may change materially as economic and market conditions change.
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