Should British investors worry about the US election?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 16 October 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

While the world worries about coronavirus, there is another decade-defining event going on – the US election.

Will Donald Trump win a second term as US President and have the world dance to his tune for four more years, or will Joe Biden take charge – and what on earth would that mean for people?

There is less than a month to go until the US election and under normal circumstances you would expect all the focus of stock market commentators to be on that.

It’s not normal circumstances though. The second wave of coronavirus and renewed lockdowns have the world’s attention and the election, if not a sideshow, is definitely not as centre stage as we would usually expect.

So, does that mean it doesn’t matter for investors, or should be thinking about it and positioning themselves for the outcome?

Does it even matter if Trump or Biden wins, as long as the Fed keeps printing and stimulus keeps coming, and would any decisive win be better than a disputed result?

On this week’s podcast, Simon Lambert, Georgie Frost and Sarah Davidson, discuss the US election and what it could mean for our money over here in the UK.

And if two septuagenarians arguing about who is going to be the boss of the free world isn’t your thing, what about investing in the future beyond that?

Keeping on the investment tip, the team dive into the world of green money and how to invest to back improving the world, or even get a green mortgage or current account.

Transcript

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0:00.0	Welcome to This Is Money podcast. I'm Georgie Frost and alongside me and editor Simon Lambert.
0:04.9	Today is Knowledge and Product editor Sarah Davidson. And this week, the focus is on investing.
0:10.6	We travel across the pond, investigate rich and responsible returns, and we try to keep calm and carry on.
0:16.9	Plus, we take a look at This is Money's comprehensive green money guide. Don't forget this update.
0:21.4	With all the latest breaking money news, just go to this ismoney.com.
0:24.6	com, UK or download the app at first.
0:27.7	As the US election enters its final turbulent weeks, how will the result on the 3rd of November
0:34.1	affect investors?
0:35.5	Will it be Trump?
0:36.1	Will it be Biden?
0:37.0	Will it be Biden? But
0:38.1	Trump takes his ball and storms off back to the White House saying he rejects any outcome in which
0:43.1	he doesn't win. The outcome was never going to be pretty. The run-up hasn't been that attractive
0:48.6	either. Throw COVID into the mix and who knows what will happen. So what should investors do now?
0:53.8	Simon, let's see your take on the whole situation.
0:57.0	I'm going to say politically speaking first,
0:58.9	and then we'll get into the sort of money and investing.
1:01.3	You know, keep us up to date with what's been happening.
1:04.9	I wouldn't even begin to imagine that I could keep you up to date
1:08.3	with what's been happening in US politics.
1:10.9	Well, as best you can. If there's anything that makes ours look relatively sane, it's taking a good,
1:17.6	long, hard look over the, over the ponds at the US. Suffice it to say, Donald Trump is behind
	...

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