With 11 days remaining until the US Presidential Election, Libby Cantrill, PIMCO’s Head of U.S. Public Policy, spoke to the group on several key macro topics. She provided insights into the dynamics of the presidential election, potential outcomes for each candidate, and what the composition of the US Senate and House could look like post-election.
Libby also touched on the looming potential for a US fiscal crisis and outlined focus areas for 2025, including taxes, the debt ceiling, tariffs and relations with China. Her analysis was both comprehensive and thought-provoking, offering attendees a clearer picture of the challenges and opportunities that lie ahead.
Importantly, Libby reassured the audience that historical data indicates markets tend to perform well regardless of who occupies the White House or controls Congress. Her key message was to stay invested for the long-term. As we approach this election, her insights serve as a timely reminder of the resilience of the markets amidst political uncertainty.
