U.S. presidential election Financial markets are also paying close attention to GDP growth rate October 28, 7:14

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The financial markets are also of great interest because the US presidential election has a major impact on the future of the world economy.

The Dow Jones Industrial Average in the New York market has risen almost 1.5 times in four years since President Trump won the last election.



Policies such as large-scale tax cuts have been positively accepted in the stock market.



We experienced a record plunge from the end of February due to the spread of the new coronavirus, but it turned to recovery due to the effects of large-scale monetary easing by the central bank and economic measures of 300 trillion yen in Japanese yen. I did.



President Trump has often emphasized rising stock prices as a result of his policies, but Democratic Party Mr. Biden has criticized him as saying, "The president only looks at stock prices."



On the other hand, on the night of the 29th of Japan time, which is about to be elected, the growth rate of GDP = gross domestic product for the three months up to last month in the United States will be announced.



US GDP has been negative for the second straight quarter, and the economy has entered a recession.

In particular, during the three months leading up to June, the spread of infection with the new coronavirus caused an annualized rate of minus 31.4% compared to the previous period, the worst level since the start of statistics.



The GDP growth rate this time is projected to improve significantly, to around + 30% as economic activity resumes.



But in the United States, in addition to the prospect of additional economic measures do not stand, there is also that recently, again infection are expanding, the economic outlook does not allow optimism.