It’s been just over a month since the U.S. presidential election, and financial markets continue to be influenced by anticipation for the incoming administration in Washington D.C.
The Election and Interest Rates
In a typical week, a .25 point interest rate cut by the Federal Reserve would likely be the top economic story in the United States. This was not a typical week.
Trade Policy Tango
This weekend, many world leaders will travel to Buenos Aires, Argentina, for a meeting of the Group of Twenty, also known as, “G20.” Although the G20 does not have the power to enforce policies, the outcomes of G20 summits have been highly influential to global policy.