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Presidential Elections & Their Impact on the Stock Market
POEMS X CyberQuote Robin Ho Evening Webinar 19 Oct 2020 (7:00 PM - 9:00 PM)

About the Webinar:
Historically, when US election draws nearer, volatility in the market increases because of the uncertainty.

The focus of trading will then shift to the policies that the new president may introduce. As such, investors should pay attention to the policy expectations after the election.

Judging from the latest market polls, Biden is leading the race and the Democratic Party could control both chambers.
In the scenario where Joe Biden gets elected, US stocks will face greater risk in the short term as Biden may be likely to implement tax increases, strengthen supervision for financial and technology companies and other measures that are unfavourable to the overall market environment.

On the contrary, if Trump gets re-elected, he could continue his aggressive anti-China stance, amid greater U.S. voter wariness of China. Environmental regulations would likely roll back more under Trump with further tax cuts provided. Tax credit could be awarded by Trump to U.S. companies that relocate manufacturing facilities to the United States from China.

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Oct 19, 2020 07:00 PM in Singapore

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