Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Emerging Markets: Heading for a China-less recovery

China played a crucial role in the global economic recovery after the 2008-09 financial crisis, but the post Covid-19 recovery will be different: We expect China to slow its international engagement over the next few years. 

 

Joe Biden´s victory: Reconciliation economics

Joe Biden won the U.S. Presidential election, thanks to slim victories in major swing states. However, without a clear Congressional majority, he will not have as much leeway as expected, even if executive orders, his long experience in negotiating bipartisan agreements and Republicans’ fatigue with partisanship could play a positive role.

 

The U.S. Elections turn into a judiciary battle: What's next

As of 06 November, Joe Biden appears to have the higher chance of becoming the next U.S. President, with the Senate possibly remaining in the hands of the Republicans. We expect President Trump to use every possible means to contest the election results if they appear to be against him. A judiciary battle could last until 08 December, potentially requiring the intervention of the Supreme Court.