US Election is once every 4 years, but how does it impact the markets?
update: Joe Biden wins the Presidency with 290 seats🎊
In the meanwhile, it could still be a period of volatility as the markets wait for a smooth transition (if there even is). So even though it seems like the President of the US has alr been highly-likely decided, it should be noted that there are still various ways the US Election can be contested.
Nevertheless, here are some macroeconomics principles that you’d be keen to know of:
[After all, this won’t be the last Presidential Election because there will always be another one every 4 years. Hence, the same factors would still apply.]
Just a quick backdrop:
On August 31st, 1957, diplomatic relations between Malaysia and the US were established when the US elevated