The Contrarian Investor Podcast

Tariffs, Strong US Dollar, Stocks Rally, M&A: What to Expect From Trump-onomics 2.0 (Should It Happen)

Oct 30, 2024

35:28

Marc Chapman of Bannockburn Global Forex rejoins the podcast to discuss all things US election and the impact a Trump victory would have on economics and financial markets.

This podcast episode was recorded Monday, Oct. 28, 2024 and was made available for premium subscribers that same day. More information about premium subscriptions is available on our Substack. Content Highlights

The impact of a Trump victory next Tuesday is seen as greater as the impact of a Harris victory. What this means for markets and the economy (2:11);
What if Trump doesn't win? That has become the contrarian take (3:45);
How it all might affect Mexico, the US' largest trading partner (5:40);
The US-Canada-Mexico free trade agreement is up for review next year. Expect more concessions from Mexico regardless of who's in the White House (and Congress) (12:22);
However the outlook is not all bad for all Mexican securities... (15:40);
Concerns Trump will try to limit the Federal Reserve's independence (19:38);
Don't overlook the possibility of a recession early in the next president's term (25:44);
Trump victory may lead to more mergers and acquisitions (26:50).