Equity Mates Investing Podcast

Expert: Kerry Craig - Trump's impact on the stock market according to JPMorgan Asset Management

4 snips
Nov 28, 2024
Kerry Craig, Executive Director & Global Market Strategist at J.P. Morgan Asset Management, shares insights on market dynamics influenced by Trump's policies. He discusses the expected impacts on inflation and interest rates in both the US and Australia. Craig highlights potential high-performing stock markets over the next 15 years and the role of AI in shaping the economy. He advises retail investors on strategies for navigating inflationary times, emphasizing diversification and emerging global trends.
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INSIGHT

Market Reaction to Trump

  • Markets reacted to Trump's election with bond yields rising and equity markets fluctuating.
  • This suggests markets hadn't fully priced in a Trump victory.
INSIGHT

Trump's Policy Impact Timeline

  • Trump's trade policies and tariffs can be enacted quickly via executive orders.
  • Spending changes require Congressional approval, affecting markets later.
INSIGHT

US Rate Cut Expectations

  • The market is currently pricing out US rate cuts, lowering expectations for December and 2025.
  • The Fed's actions will depend on labor market data and inflation numbers.
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