Economy Views: 2016 US Elections – Impact on the US Economy
Watch the following Economy Views video of Joseph LaVorgna, Chief US Economist at Deutsche Bank, talking about the US elections and their effects on the US economy.
“The election is something that’s clearly on people’s minds. In the distant past, the election typically was not a big factor impacting investor or, for that matter, corporate decision making, but what we noticed back in 2012 was the slowing in the pace of capital expenditures by firms in anticipation of those 2012 election results. With the economy not doing that much better this year in terms of growth, the uncertainty regarding the election, who wins, what those policies will look like, will likely keep investment spending at bay.” – Joseph LaVorgna