US Elections: The K-Shaped Recovery & Expected Inflation

AIM Summit Webinar Series

18 Oct 2021

Speakers: Steen Jakobsen and John Hardy

Saxo Bank's Chief Investment Officer, Steen Jakobsen and Head of FX Strategy, John Hardy discuss:

• The consequences of the K-shaped recovery: the policymaker response to the Covid-19 crisis is only making inequality worse – we are far from over this.
• US election scenarios: contested election risks and the most important question is not only whether Biden wins, but whether Democrats also take the Senate
• Inflation risks: we have abandoned all fiscal prudence and this will have consequences, led by rising inflation risks and a weaker US dollar
• US-China disengagement – the implications of the ongoing disengagement of US and China, regardless of US election outcomes
• Ant Group's blockbuster IPO reveals how investors must pick sides in China