Investment Experts: Biden's Withdrawal Boosts Markets Termly, Affects Bonds and Economic Growth
Publication Time:2024-07-22 17:13:09
Jack Mcintyre of Brandywine Global Investment Management stated that in the current economic climate, Biden's withdrawal at least in the short term benefits the market, particularly for bond investors. He pointed out that with the US undergoing an economic growth phase and fighting inflation, a divided government might mean reduced policy uncertainty, which is beneficial for overall market stability. However, long-term effects will require observation of how actual policies are implemented.
market response
Economic Growth
Portfolio Allocation
Bond Market
Business Cycle