Clinton or Trump: Who is better for the US economy? – FXStreet Survey

Research Team at FXStreet, tried to grasp the sentiment of their experts regarding the two US presidential candidates for the economy, who have not been the most popular ones during a rather wild and unconventional campaign.

Key Quotes

“These are not answers trying to give a scope on market behaviour in the short-term, but still, they give a good look on how the two candidates are viewed by the markets. And it is not pretty.

Even though Clinton gets the edge over Trump here, the arguments made are more like “the less of two evils” than a saviour for the US economy.

Look at what David Morrison, Senior Market Strategist at SpreadCo, says: “Trump’s tax cuts would provide an enormous economic stimulus, boosting GDP, wage growth, employment and business investment. Unfortunately, they would lead to huge budget deficits and add to the federal debt. Clinton’s tax rises probably wouldn’t bring in all that much in terms of revenues and they’d be a drag on investment, employment and growth”. For the record, this answer qualified as “None” in the survey.

Nicola Delic, CEO at Singapore Grand Capital, adds to this argument with the following quote: “After what we have seen in the last few months on TV none of these two have the knowledge to move us to a better US Economy, but let's say Clinton have more chance to get love from the market.” Yes, the Clinton backers, even if being a majority, don’t show much enthusiasm, with answers like this one: “Clinton is better, as it is more of the same”.”