Election 2024: What the Outcome May Mean for Public Investors & Issuers
As often happens after every presidential election, our gaze shifts to policy considerations and their broader impacts on the U.S. economy and financial markets, which can prove extremely difficult in an environment where we have a non-consecutive President elect for only the second time in U.S. history and likely single party control over the halls of Congress. So, where do we focus relative to what may happen with interest rates? There are two key policy areas where history may not entirely repeat itself…but might look awfully familiar.