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We break down issues that matter to this country, including energy, trade and taxes, and look at the potential impact of each candidate's policies on Canada.
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This article is written from an exceptionally narrow and short term perspective. Perhaps this is to be expected, given the background and perspective of the web site and the author – particularly in their focus on the stock market.
It does not reflect any consideration of how the current administration has handled the Covid-19 pandemic and its effects on the economy. Economists from other web sites (most notably to me Simon Wren-Lewis and Paul Krugman) have pointed out that the general economy will continue to suffer until there is confidence that the virus has been suppressed. Trump’s handling of the pandemic will ensure that the situation will continue in the US far longer than in other countries. As a consequence, there has been a major disconnect between the stock market and local economies.
The article also does not consider the medium and long term effects of the degradation of governance in the US, with spillover effects around the world. Removing environmental regulations, further encouraging coal, oil and gas, and ignoring the effects on the “Main Street” economy are causing increased anger and dissent in the country. The continuing authoritarian response further exacerbates the problems.
If re-elected, Trump’s behaviour will become completely unchained. His vindictiveness nationally and globally will hurt us all. Four more years of Trump would likely be a major leap in making the US ungovernable.
Articles such as this should also consider the impact of politics on the economy. A narrow perspective does not serve anyone’s interest.
For the last 50+ years, the Dow Jones has done at least 5% better in a democratic presidency than a republican one.
You said “If there’s no clear winner, or if Trump refuses to accept the results, markets will react negatively. ”
Well, what if Trump wins, and Biden doesn’t accept the results? It was Hilary Clinton who said that Biden should never concede the election, so the democrats are obviously planning for a fight if they lose.
Did you ever think of that possibility, or are you too biased towards the liberals that you can’t even think about it?
why do the right always portray the left as ant-growth if having a fair and level policies we all win the right should get off their soap boxes and try to feel good that everyone can benefit when we lift from the bottom everyone rises
I am thinking that if Biden does cancel the pipeline TC energy stock will take a short term hit which will be a good entry point.
Healthy workers produce healthy economy, a situation 100% uncertain under 4 more miserable years of Trump who believes that the Covid-19 pandemic is a Dem hoax.