Global Commodities: 2024 US Election Watch—Reassessing implications for Commodities under a Red Wave

At Any Rate

The events of the past few weeks, President Biden’s poor debate performance, followed by Saturday’s assassination attempt on former President Donald Trump, have led to a clear shift in the tone of the elections and increased the probability for a sizable Red Wave. Given the range of scenarios that could play out, gold stands out as a winner. The first edition of our Commodities 2024 US Elections Watch focused on implications for the commodities under a split Congress outcome, now we assess what GOP control of all Washington levers of power could mean for the sector.

Speakers:

Natasha Kaneva, Head of Global Commodities Research
Tracey Allen, Head of Agricultural Commodities Research
Gregory Shearer, Head of Base and Precious Metal Research

This podcast was recorded on July 19, 2024

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