Analysts See Benefits From US Midterms
3 Articles
3 Articles
Kiatnakin Phatra Financial Group (KKP) assesses that the US midterm election results may limit President Donald Trump's power to push through legislation and economic policies amidst the risks of trade wars and public debt problems, pressuring global capital markets. Meanwhile, high interest rates, contrary to the economic slowdown, risk causing capital outflows from emerging markets, including Thailand. They recommend adjusting portfolios to fo…
Kiatnakin Phatra Bank indicates that the market expects Republicans to lose their majority in the House of Representatives, hindering Trump's ability to push through legislation in the final two years, risking a government shutdown and the debt ceiling issue. Meanwhile, the trade war could continue. The bank warns of a slowdown in capital inflows into emerging markets, including Thailand. Dr. Pipat Luangnarumitchai, Chief Economist… (Read origin…
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