“The US presidential elections are still a good one and a half years away, but they may also have an impact on the capital markets in the run-up to them. Especially if the USA, known for its freedom and competition, were to move structurally in the direction of socialism, global stock markets would not be spared,” says Till Christian Budelmann, capital market strategist at the Swiss private bank Bergos Berenberg. He delivers an economic policy appraisal of those candidates with the best chance of winning the Democratic presidential nomination, and explains why, from the standpoint of equity markets, Joe Biden would give him fewer sleepless nights than Bernie Sanders. (…)
06.02.2026