In this episode, Investment Consultant Martin Kofoed and Head of Asset Allocation Damien Hennessy discuss the potential implications of Donald Trump’s election victory on global markets. They explore how renewed tariffs could impact global growth, inflation, and government revenue, referencing lessons from Trump’s first term. The conversation highlights the influence of lower corporate tax rates on U.S. company earnings growth and whether these benefits are already reflected in market pricing. They also examine Trump’s broader policies—tariffs, tax cuts, deregulation, and reduced immigration—and their potential to drive inflation, market instability, and geopolitical risks.
Episode released 20 November 2024
