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Donald Trump secures multiple state victories in the 2024 US presidential election. Trump wins key states like Texas, Florida, and Ohio. He also wins traditionally Republican states like Alabama, Mississippi, and South Carolina. The race for the White House continues as votes are tallied across the nation.
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We enter any particular sector with a rolling 3-5 years view to earn minimum compounded returns of around 15%. So either it doubles in five years or if we are much better at catching the trend, then it would be compounding at 25% - which means doubling in 3 years.
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News and Media
Swaminathan Aiyar, Consulting Editor, ET Now in an interview covers potential impacts of the upcoming U.S. elections on global and Indian markets. He notes that the tight race between candidates could delay results, which may increase market volatility.A Democrat win, led by Kamala Harris, would likely mean policy continuity for India, while a Trump victory could lead to aggressive tariffs and protectionist measures that might spark trade tensions, especially if Republicans also secure Congress.Aiyar warns that a trade war scenario could harm global markets, with severe consequences for India and China.However, a gridlocked U.S. Congress might limit any drastic policy shifts, offering some stability. He also highlights Trumpism as an influential factor that could shape future policies, regardless of election outcomes.
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News and Media
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