Kommentar: Die US-Wahlen könnten ein Großrisiko für die Märkte noch einmal verschärfen
Die direkten Folgen der Midterms für die Börsen werden sich vermutlich in Grenzen halten. Doch ein innenpolitisch gelähmter Präsident könnte für neue Gefahren sorgen.
The Democratic landslide in the US Midterm elections is set to cause significant political upheaval in the world's largest economy. However, markets are unlikely to be swayed in the short term, as President Donald Trump retains his veto power, which could block any legislation he opposes. In the long run, the shift in power may have a more profound effect, potentially benefiting Wall Street and the broader financial sector.
Nonetheless, a significant risk does not disappear after the Midterms; it could even become more acute. The positive aspect is that the power division between Congress and the President will reduce the likelihood of massive new tax cuts or billion-dollar spending programs from the Trump administration. Fewer new debts mean the US Treasury Department will have to issue fewer new bonds, which can support asset prices and dampen returns.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
