))
A Biden administration may not be as USD-negative as you think (Terence Wu)
Manage episode 403072100 series 3234084
Konten disediakan oleh OCBC Treasury Research and Strategy - Podcast, OCBC Treasury Research, and Strategy - Podcast. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh OCBC Treasury Research and Strategy - Podcast, OCBC Treasury Research, and Strategy - Podcast atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
We are often led to believe that a Republican president will be USD-positive due to the perception that the president will more likely bring US macro outperformance. Historically, we find no systematic relationship between the USD performance and the winning president's party. Instead, we should consider whether a Trump or a Biden administration is better placed to address the current USD-negative drivers. Taking this approach suggests that a Biden administration may not be as USD-negative in the near term as you may believe.
136 episode
Bagikan
