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Why does the market care so much about the US elections? | Science of Wealth
By Endowus Insights  •  October 8, 2024
Following hard on the heels of the US Federal Reserve’s first rate cut, the race for the US presidency and control of the House and Senate is entering its final stretch. It is one of the closest and most unpredictable elections. The Fed will meet again and decide on the next rate cut the day after the US elections. Between former president Donald Trump and Vice-President Kamala Harris, there have been many plot twists even before the actual voting day. But, what piques the interest of investors, unlike voters, is not only who will seize control of the White House, but also how the election outcome would alter the trajectory of markets, which have been on an upward trend throughout this year. How will the outcome set us up for 2025?

Republican or Democrat, does it matter?

Let us take a closer look at the stock market returns for the...
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By Endowus Insights
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.
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