Scenario No. 1: Trump’s victory
Many experts believe that this scenario is unlikely to unfold. The current US president has little chances to be re-elected. Donald Trump’s victory will not have any impact on the market. The majority of trading instruments will not react to such an outcome.
Scenario No. 2: controversial election results
This scenario is fraught with pitfalls. Thus, controversial election results are likely to lead to an escalation of tensions in the US government and even provoke civil strife. These events are likely to take place if both candidates receive an almost equal number of votes. Consequently, both candidates will be able to challenge the election results. Anyway, this scenario may cause turmoil in the market, increasing the current uncertainty.
Scenario No. 3: Biden wins but loses majority of votes in Congress
This scenario looks contradictory and even slightly improbable. The majority of analysts believe that Joe Biden’s election victory will guarantee him the majority of votes in the Congress. However, this is not always the case. If this scenario is played out, it will be beneficial to the market as the new president's actions will be constrained by other political forces.
Scenario No. 4: Biden wins both election and majority of votes in Congress
This is the most probable outcome according to experts. If Joe Biden becomes the next US president and has the majority of votes in the Congress, it will likely trigger market jitters. With the dominance of the Democrats, the new fiscal stimulus package will be quickly approved, followed by an increase in taxes. Sberbank CIB experts consider it to be the worst-case scenario for the market.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
