Facebook LinkedIn

As we inch closer to the U.S. presidential election, our new CIO Special – U.S. Election: America goes to the polls, explores the current state of the political landscape, key issues and policies that continue to shape the narrative for the race and its potential impact on a range of sectors for equity investors.

 

Key takeaways:

  • The economy, inflation, geopolitical concerns, reproductive rights and immigration controls are the leading issues that will decide the outcome of this election.

  • Despite short-term volatility in markets around election season, the performance of the S&P 500 is agnostic to whichever party takes control of the White House and has never declined during a presidential re-election year.

  • Highly regulated industries such as healthcare, energy and financials may experience more volatility during election season; policies surrounding tax cuts and increased child tax credits can positively impact consumer discretionary and technology sectors; a climate and green energy focused agenda and complementary policies could be tailwinds for the renewables sector. 

 

'

The CIO Special below is available to download. Please refer to the Important Information at the end of the memo for disclosures and risk warnings.

PDF

Language:

In Europe, Middle East and Africa as well as in Asia Pacific this material is considered marketing material, but this is not the case in the U.S.

The value of an investment can fall as well as rise and you might not get back the amount originally invested at any point in time. Your capital may be at risk.

No assurance can be given that any forecast or target can be achieved. Forecasts are based on assumptions, estimates, opinions and hypothetical models which may prove to be incorrect. Past performance is not indicative of future returns. Performance refers to a nominal value based on price gains/losses and does not take into account inflation. Inflation will have a negative impact on the purchasing power of this nominal monetary value. Depending on the current level of inflation, this may lead to a real loss in value, even if the nominal performance of the investment is positive.

This web page is not an offer to buy a security or enter into any transaction. The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consider the sales restrictions relating to the products or services in question for further information. Deutsche Bank does not give tax or legal advice; prospective investors should seek advice from their own tax advisers and/or lawyers before entering into any investment.

Change of name: As part of Deutsche Bank’s Private Bank, the former International Private Bank also adopted this title on July 20, 2023.