6 Articles
6 Articles
CNBC report points out that tariffs, high expenses and dependence on AI must continue to shape the US economy after democratic victory
The Democrats' landslide victory in the US congressional elections will not bring about any changes to the country's economic policy, estimates Nordea's chief economist Tuuli Koivu. The market's initial reaction to the election result has been slightly negative, with technology stocks falling on Asian stock exchanges and the dollar weakening slightly. According to Koivu, this was to be expected. The Democrats are expected to tighten regulation c…
The outcome of the congressional elections is unlikely to have much impact on Trump's tariffs and US economic growth.
Read time approx.: 3 minutes, 29 secondsA change in Congressional control would intensify oversight work and hinder fiscal negotiations, but would not automatically lead to radical transformations in tax or spending policy, he says, where the main factors that today drive financial markets, from AI investments [...] The Consensus position seems to tilt the victory to Democrats in the US; the result unlikely to upset markets: UBS first appeared i…
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