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The David McWilliams Podcast

Market & Politics - Why Who Wins Matters & Why It Doesn’t

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 31 October 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

In this special episode, we look at the relationship between politics and money through the lens of the US elections. 

We try to make sense of what you should be looking out for and what each candidate is signalling - hope you enjoy!

The episode is brought to you in partnership with IG.

Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

What in the world is happening on Wall Street?

0:03.7

Economic indicators.

0:05.3

Who knows where this is going to end up?

0:07.3

To understand the economy, you have to understand human nature.

0:13.4

This podcast is powered by ACAST.

0:20.7

How are you? It's David. It is the podcast, but this is a very special one-off podcast brought to you in conjunction with our partner, IG, the finance company.

0:32.7

Now, we're a couple of days ahead of the American election. We're going to focus on not so much the election itself, but what it means for stock markets,

0:42.6

for bond markets, for global equities, for tech companies, for the NASDAQ, for trade wars,

0:48.8

for the dollar, for the whole gamut of prices that constitute the global market.

0:54.4

So John and I are going to discuss this for a little bit.

0:57.2

And then, thankfully, we have a proper expert on the line.

1:00.8

Somebody who'll correct us all.

1:02.1

Exactly.

1:02.6

A man called Dimitri Zabalin from IG.

1:06.0

We're going to talk to Dimitri in a couple of minutes.

1:07.6

But John, how are you, my mate?

1:09.1

I'm good.

1:09.7

I'm good.

1:10.1

You didn't see the

1:11.2

debates. No, I do sleep every now. Oh, yeah, I stay up. I love staying up watching this stuff.

1:16.9

But the one thing that really struck me is Trump keeps going on about the markets. And I kind of

1:22.9

wonder, like I personally have no interest in the markets. I have no investments or anything like that.

...

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