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The Conversation
The Conversation
Jianxin Wang, Associate professor of finance, University of Technology Sydney

How do US presidential elections affect the economy and the stock market?

With the US presidential election on a knife edge and less than a week away, financial markets are watching with bated breath.

There’s no shortage of reasons to be nervous. Both sides have outlined radically different visions of America’s economic future, with major implications for the rest of the world.

All of this stands against the backdrop of simmering tensions with China and an ongoing crisis in the Middle East. The price of gold – a common way for investors to hedge against uncertainty – has soared to record heights.

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