Dear Investors, Donald Trump, Joe Biden or Elizabeth Warren? This week we look at what investors can expect as the 2020 US presidential race gathers pace. Key takeaways: - Donald Trump could win a second mandate in the White House despite an impeachment process and the unpredictable trade wars
- On the Democrat side, Joe Biden and Elizabeth Warren are gathering momentum. While Biden would most likely signal a “return to normal”, a Warren presidency could be much more unpredictable
- Investors should prepare for more volatility as the presidential race heats up in the coming months.
Best regards, Stéphane Monier Chief Investment Officer, Lombard Odier Private Bank |