The upcoming Presidential election does not seem to be having much impact on economic activity either in the US itself or elsewhere. Admittedly, it looks at first sight as if recent movements in global equity markets have been driven by changes in Clinton and Trump’s electoral prospects. But instead, we suspect that both Clinton’s odds of victory and the equity markets are being driven by news about the US economy. Meanwhile, the latest evidence generally points to a modest pick-up in growth in the US in the third quarter. And while economic growth in the UK seems to have slowed in the wake of the EU referendum, it has not collapsed. Elsewhere, there has been something of a pick-up in growth in several major emerging economies, including Brazil, China and India.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services